The elimination of a defect . In Quality Management , Corrective Action s are those measures taken to rectify conditions adverse to specified quality , and where necessary, to preclude repetition. Corrective Action Change s made to bring expected future performance of the project into line with the plan . The relationship between two or more variables . External costs can be control led by contract s and budget s for each phase of a project and for each deliverable or work product .
Internal cost is the cost of project resources .
Cost See Project Cost . Cost The cash value of project activity . In effect, each cost account defines what work is to be performed and who will perform it. Cost accounts are the focal point for the integration of scope , cost, and schedule . Also called Control Account .