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Les Sorge March 19, 2019 at 10:25 am

I have a question regarding your article, “Planning and Managing by Elements of Cost”. I agree with the statement about breaking apart the different elements of cost by work package when planning, especially in regards to setting up an EVT at the work package level, i.e. the budget. However, in your example, how would you determine a, “serious overrun in material” and determine whether it is concrete or lumber, unless you set up a charge code for each work package? Are you advocating for charge codes at the work package level versus the control account level? Or do you have some other way to differentiate the actual costs below a control account other than separate charge codes?
Thanks

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