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Steps in Project Control Process
Management Control System

Presented by:
Uday Doyal
MBA II
DMS,PU
Project
•
•
•
•
•

Sequence of tasks planned from beginning to end
Bounded by time, resources, & required results
Defined outcome and "deliverables“
Deadline
Budget ,limits number of people, supplies, and
capital
Steps in Project Control Process
1

•Project Planning

2

•Project Execution

3

•Project Evaluation
Project Planning
Nature of the
Project Plan

• Scope
• Schedule
• Cost

Network Analysis

• CPM
• PERT

Estimating Cost

• Known unknowns Cost
• Unknown unknowns Cost

Preparing the
Control budget

• An important link between planning and control
of performance
Project Execution
• Actual execution of project takes place
• In the stage, data on actual cost, actual time
and actual accomplishment are compared
with estimates.
• Managers seeks three types of reports:
Trouble
Report

• Project Auditing

Progress
Report

Financial
Report
Project evaluation
Evaluation of Performance
• Evaluation of Management and process of project
Cost Overruns
• When actual cost exceeds budgeted cost.
Hindsight
• To discover instances where “right” decision was not made.
Evaluation of Results
• Whether the project achieved its objective. It might take many years to
completely evaluate a project. Unless action can be taken based on
analysis there is no point in evaluating a project
Thank You

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Steps in project control process

  • 1. Steps in Project Control Process Management Control System Presented by: Uday Doyal MBA II DMS,PU
  • 2. Project • • • • • Sequence of tasks planned from beginning to end Bounded by time, resources, & required results Defined outcome and "deliverables“ Deadline Budget ,limits number of people, supplies, and capital
  • 3. Steps in Project Control Process 1 •Project Planning 2 •Project Execution 3 •Project Evaluation
  • 4. Project Planning Nature of the Project Plan • Scope • Schedule • Cost Network Analysis • CPM • PERT Estimating Cost • Known unknowns Cost • Unknown unknowns Cost Preparing the Control budget • An important link between planning and control of performance
  • 5. Project Execution • Actual execution of project takes place • In the stage, data on actual cost, actual time and actual accomplishment are compared with estimates. • Managers seeks three types of reports: Trouble Report • Project Auditing Progress Report Financial Report
  • 6. Project evaluation Evaluation of Performance • Evaluation of Management and process of project Cost Overruns • When actual cost exceeds budgeted cost. Hindsight • To discover instances where “right” decision was not made. Evaluation of Results • Whether the project achieved its objective. It might take many years to completely evaluate a project. Unless action can be taken based on analysis there is no point in evaluating a project