Using the cost estimate you created above, prepare a cost baseline by allocating the costs by WBS for each month of the project. Assume you have completed three months of the project. The BAC was $500,000 for this six-month project.
GhostDraft provides robust #cloud-based document generation and management for #insurance, #financialservices, and the #legal profession. ghostdraft.com. Joined July 2014.
The âButterfly Effectâ is a metaphor that encapsulates the concept of sensitive dependence on initial conditions in the chaos theory; namely that small differences in the initial condition of a dynamic system may produce large variations in the long term behavior of the system.