Category: Controlling a Project
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Leveraging Earned Value Management Concepts
Earned Value Management (EVM) (otherwise known as variance analysis) is the best project control technique for early detection of performance variances. The technique was developed nearly 40 years ago for the United States government to better manage contract payments to vendors. Ever since, EVM has grown in popularity and acceptance across many industries and now…
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Variance Responses
As previously mentioned, the first goal of our project control system is to prevent any variance. However, we also realize variances and changes will occur—this is the nature of the project beast. Thus, the remaining goals of project control are centered on early detection and appropriate response. Let’s review the general response options that are…
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Powerful Techniques for Project Control
chSo far, we have covered the value and importance of planning your control system. In this section, we’ll take a look at some powerful project control techniques that you’ll want to consider during your planning efforts and then implement during the execution of your project. Caution Make sure your status meetings are scheduled and conducted…
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Powerful Techniques for Project Control
So far, we have covered the value and importance of planning your control system. In this section, we’ll take a look at some powerful project control techniques that you’ll want to consider during your planning efforts and then implement during the execution of your project. Caution Make sure your status meetings are scheduled and conducted…
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Management Fundamentals for Project Control
As a project manager, there are a few management fundamentals to consider when establishing your project control system:
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The Principles of Project Control
An easy way to remember what project control is all about is to think PDA. PDA stands for Prevention, Detection, and Action. Let’s take a closer look at these fundamental principles of project control: Components of Project Control To better clarify what is involved with project control, let’s review some of the key project management processes…
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What Is Project Control?
What do you think of when you hear “project control”? Micromanager? Confrontation? Inflexible? Military-style leadership? Theory X management? Fortunately, none of these terms accurately describe project control. Project control consists of the information systems and the management procedures that enable you to answer questions such as Officially, the Project Management Institute (PMI) defines the Monitoring…
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Introduction
Now that we have our project plan, we are ready to implement it. From a project management perspective, implementing a project plan involves two general categories of activities: project execution and project control. These activities are performed in parallel to complete the work of the project, report project progress, and keep the project on track.…