Describe Different Categories of EFFORTS in Project Management?

 Posted by Shantanupatel on 10/18/2013 | Category: Project Management Interview questions | Views: 4273 | Points: 40
Answer:

Baseline Effort: Baseline Effort refers to original work estimates arrived at and approved after defining the project WBS (Work breakdown structure) before the project begins and is considered only from 'Task’ assignments. It is the primary reference point against which the project actual effort spent is measured.

Planned Effort: Planned Effort refers to current work plan, based on the current rate of progress and the remaining effort required to go. This indicates the total projected project effort required to complete the project based on the current state of progress.

Actual Effort: Actual effort refers to the effort entered by project resources against their respective task. The actual effort is used in determining the actual progress of the project compared to the baseline/planned progress.

Remaining Effort: Remaining effort refers to the effort still required by project resources to complete the respective task.


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