1. Definition and Importance of Project Controls
For project controls several definitions are there which gets used extensively all across the
industries and even the companies make use of this lying within the industries. And below are
mentioned some of the definitions of the key term which are as follows:
It is a process of data management, gathering as
well as analytical processes which gets used for
prediction, understanding as well as influence
constructively the cost and time outcomes of
some project or a program. And such is attained
with an informational communication in a format
that gets assisted with decision making along with
effective management.
The above definition covers all the project stages
or the lifecycle of a program starting from its initial stage where estimation is required for sizing
some proposed project and is accomplished with the forensic analysis and reflective learning for
understanding the failure causes and hence makes a development to the claims.
Consequently the discipline of project controls can be found covering:
 A project strategy which undertakes the studies of methods and planning to assist the PM
in optimization of the future results
 Scheduling which makes an inclusion of the updation, development as well as
maintenance
 Value engineering, cost control and cot engineering, estimation of cost
 Management of risk that makes an inclusion of registering risk maintenance and
assessment or analysis of risk
 Earned schedule and value management which even includes OBS, WBS or other
structures of breakdown
 Control of documents
 Forensic assessment with the requirement of diagnosis to the cost and schedule
 Measurement of performance of the supplier and its oversight but not including the
contract administration
 All the constituents of the methodologies of project management which will be
integrating such disciplines both within the function of the project management and the
control domain
But the key term simply makes an inclusion of the processes, people as well as tools which gets
used for management, planning as well as cost of mitigation.
What is the importance of project controls?
Appropriate project management plan remains the key success for a successful control over

2. projects. A guide makes a reference of 21 procedures that relates to the project planning. The
projects execution depends solely on a robust planning and such gets achieved only with the
effective control of the scheduled methodology. One of the most important parts of the control of
project is the development of some suitable system. Furthermore widely it gets recognized that
monitoring along with planning plays an important and vital role for the reason behind the failure
of some projects. Although the project field is under rigorous revolution nowadays, but still then
the traditional approach exhibits lack of usability of the key word which has been mentioned in
the title itself and several articles have been published in support of that for marking the
significance of control in the accomplishment of the objectives of a project.
Thus come a short note on the titled term which has its many effects and importance.
David Hume is an experience writer of highgatemanagement.com.au . He writes articles here
about project controls. For more information follow on google+ .
Content Source : https://highgatemanagement.wordpress.com/2015/07/06/definition-and-
importance-of-project-controls/