Define the main aspects of Project Controls and explain how you will use them in the future.
write at least 2 paragraphs.
Solution
Project control is the process of managing, organising, and controlling the activities involved in a
project in order to achieve the desired results in terms of quantity, cost, time and resources.
The main aspects of project controls are:
Cost control is one of the key indicators of the performance of the project. It involves planning,
budgeting, estimating, financing, and managing cost.
Scheduling is the method to control and optimise the work or work load in a process. Two
project scheduling techniques commonly used are Gantt Chart and Activity Network.
Project Risk identifies, assesses, evaluates and prioritise the threats that would be subjected to a
project.
Contract Management is the process of managing contracts made with customers, vendors,
partners or employees.
Document Control is the system to store, manage and track documents that are prepared,
modified and required by different users.
Cost control technique in a project can be used by setting up a plan for the initial cost of the
project, then tracking down the changes in the budget and by developing a contingency plan.
Scheduling can implemented by monitoring the activities involved in the project through
meetings or written reports. By keeping the track of the project schedule, the factors delaying the
project can be monitored and avoided in future to save time and money.
Project risk technique can be implemented by identifying and developing a risk management
plan to mitigate risk before they pose a threat to the project. The contract management aspect of
the project controls can be achieved in a three stage process: Draft and Negotiate, Approve &
Sign, and Monitor & Manage. Each of these elements have to be proactively managed for the
project to be a deemed success. Document control can be achieved through automation process
for the controlled and systematic flow of all technical, commercial, vendor, documents and
drawings between the project team and respective stakeholders..
Define the main aspects of Project Controls and explain how you will.pdf
1. Define the main aspects of Project Controls and explain how you will use them in the future.
write at least 2 paragraphs.
Solution
Project control is the process of managing, organising, and controlling the activities involved in a
project in order to achieve the desired results in terms of quantity, cost, time and resources.
The main aspects of project controls are:
Cost control is one of the key indicators of the performance of the project. It involves planning,
budgeting, estimating, financing, and managing cost.
Scheduling is the method to control and optimise the work or work load in a process. Two
project scheduling techniques commonly used are Gantt Chart and Activity Network.
Project Risk identifies, assesses, evaluates and prioritise the threats that would be subjected to a
project.
Contract Management is the process of managing contracts made with customers, vendors,
partners or employees.
Document Control is the system to store, manage and track documents that are prepared,
modified and required by different users.
Cost control technique in a project can be used by setting up a plan for the initial cost of the
project, then tracking down the changes in the budget and by developing a contingency plan.
Scheduling can implemented by monitoring the activities involved in the project through
meetings or written reports. By keeping the track of the project schedule, the factors delaying the
project can be monitored and avoided in future to save time and money.
Project risk technique can be implemented by identifying and developing a risk management
plan to mitigate risk before they pose a threat to the project. The contract management aspect of
the project controls can be achieved in a three stage process: Draft and Negotiate, Approve &
Sign, and Monitor & Manage. Each of these elements have to be proactively managed for the
project to be a deemed success. Document control can be achieved through automation process
for the controlled and systematic flow of all technical, commercial, vendor, documents and
drawings between the project team and respective stakeholders.
