Focus of Control
•Scope
•Technical problems •Technical difficulties •Quality problems •Client wants changes •Interfunctional complications •Technological breakthroughs •Intrateam conflict •Market changes •
Cost
•Difficulties may need more resources •Scope may increase •Initial bid was too low •Reporting was poor •Budget was inadequate •Correction not on time •Input price changed •
Time
•Difficulties took longer than planned to solve •Initial estimates were optimistic •Sequencing was incorrect •Unavailable resources •Preceding tasks were incomplete •Change orders •Governmental regulations were altered.
The Fundamental Purposes of Control
1.The regulation of results through the alteration of activities
2.The stewardship of organizational assets
Physical Asset Control •Control over the use of physical assets •Includes preventive and corrective maintenance •Must also control inventory
Human Resource Control •Controlling and maintaining the growth of people •People working on projects can gain a wide range of experience •Measurement of human resource conservation is difficult •Performance appraisals and other measures are not satisfactory devices
Financial Resource Control •Current asset control •Project budget •Capital investment control •Techniques same as those applied to general operation of the firm •Context is different because project is accountable to an outsider •Must exercise due diligence over resources owned by the client
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Project Planning and Management Study notes for M. plan Sem-II
project planning and management.pdf
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