As part of a general contractor team, you are a project cost controller and you work directly with the planning and scheduling team to ensure the planned and actual cost spent on all project activities are properly captured
Brief Discussion (1 – 2 paragraphs)
As part of a general contractor team, you are a project cost controller and you work directly with the planning and scheduling team to ensure the planned and actual cost spent on all project activities are properly captured, collected, and processed so you are able to update the project earned value reports. One of main challenges you frequently encounter is that project expenditures cannot be assigned to specific individual activities and many expenditures are reported in such a way that they relate to multiple activities. A record of expenditure assigned to multiple activities cannot easily be used to determine the actual cost of work performed on each individual project activity. What courses of action are needed to fix this issue in order to maintain the accuracy of EV reports?
Be specific and provide a detailed written example(s) to support your major points to add to this discussion. Also, don’t forget to list references used.
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