Contract administration - The process by which a team manages a relationship with a contracting party. It establishes protocols for dealings between contracting parties.
Contract closeout - The process of determining whether the terms of a contract were completed successfully and of settling any remaining terms.
Control Account - A work breakdown structure tool that allows aggregation of costs for work packages as part of earned value management calculations.
Control chart - Control charts compare process results with historical averages and process control limits to show whether a process meets results expectations. If a process’s results are inconsistent or fall outside process control limits, it may need to be examined and adjusted.
Core process - A process that follows an established order and is central to the performance of the process system or project of which it is part.
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