Plan Program Performance Management 2

400 words

Control Account Planning (CAP): The Work Breakdown Structure (WBS), the Organization Breakdown Structure (OBS), the Resource Allocation Matrix (RAM), and the Integrated Master Schedule (IMS)

Explain why the WBS, OBS, RAM, CAP, and IMS are fundamental tools in establishing a coherent earned value management structure. In your explanation, be sure to address the following points:

Define the terms WBS, OBS, RAM, CAP, and IMS and provide a summary-level example.  

Explain how these 5 tools, artifacts, and techniques integrate with each other.