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Explain PMIS and cost accounting
An Earned Value system can be an exact effective way to monitor projects. But, Earned Value Analysis needs a Project Cost Accounting System (PCAS).
(a) What are few of the benefits of PCAS?
(b) What are few of the software solutions for establishing a PCAS?
Explain What standard determines whether these parties have a contract
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How would you improve any of the suggestions already provided in lessons learned section of the article?
If the system is to have a .92 likelihood of performing, what is the minimum probability of performing desirable by each of the individual components?
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