Question: Control thresholds Indicate the measures that determine whether an activity, work package, or the project as a whole is on budget, requires preventive action, or

Control thresholds

Indicate the measures that determine whether an activity, work package, or the project as a whole is on budget, requires preventive action, or is over budget and requires corrective action. Usually indicated as a percent deviation from the baseline for your coffee shop.

Rules of performance measurement

Identify the level in the WBS where progress and expenditures will be measured. For projects that use earned value management indicate whether costs will be reported at the work package or control account level. Describe the measurement method that will be used, such as weighted milestones, fixed-formula, percent complete, etc. Document the equations that will be used to forecast estimates to complete (ETC) and estimates at completion (EAC). for your coffee shop.

Topic is coffee shop. need to add above points

on basis of PMBOK.

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