WHAT CONTRIBUTES TO SUCCESS OF A PROJECT
Drivers
Project Leadership Project Team Project Management Maturity
Planning Monitoring & Control
Nature of Project
Obstacles
Stakeholders
Internal External
Change Management Strategic Uncertainties
WHAT IS NEEDED?
Project Control Systems What is it?
PROJECT CONTROL
Desired Status (plans)
Disturbances
Project Mgr.
Project Team
Project
Danger of Control :” scope creep”
Measuring Device
Plan
Requirements Products Standards Milestones Cost Forecasts Uncertainties Procurement Benchmarks
Update Re-forecast Cost Schedule Quality Scope
OUTPUT
Modify People Resources Equipment Methods
Control
Monitor
Measure Progress Quality Schedule Expenditure Cash Flow
INPUT
Modify Plan
Analyze
Evaluate Progress vs Plan Variances Trends Productivity Forecasts
Change Control
MANAGEMENT CONTROL
PROJECT CONTROL PROCESS Comparing actual performance against plan
Setting baseline plan Measuring progress and performance Comparing plan against actual Taking action
PROJECT CONTROL SYSTEMS
What are the various types of control systems necessary for a project success? Depends on Vulnerabilities of project
Strategic Vulnerabilities Operational Vulnerabilities Internal and External
Communication Systems Project Meetings Transaction Audit Systems Accounting Systems
Ethical And CSR behavior Linkage with Company Value Systems
EVA Analysis CP Analysis Quality Checks IOR Monitor
What project to take, which not to take; Where to take; With whom
CHANGE MANAGEMENT CONTROL
Sources of Change
Project scope changes Implementation of contingency plans Improvement changes
CHANGE MANAGEMENT CONTROL
The Change Control Process Identify proposed changes. List expected effects of proposed changes on schedule and budget. Review, evaluate, and approve or disapprove of changes formally. Negotiate and resolve conflicts of change, condition,