Project Controls is a process of monitoring and controlling the progress of a project. It involves tracking the performance of the project against its objectives, budget, and timeline. The goal of Project Controls is to ensure that the project is completed on time, within budget, and meets all quality standards.
Project Controls includes activities such as cost estimating, scheduling, risk management, change management, and earned value management. These activities are used to monitor and control the progress of the project in order to identify potential problems before they become major issues.
The primary benefit of Project Controls is that it helps to ensure that projects are completed on time and within budget. By monitoring and controlling the progress of the project, potential problems can be identified early on and addressed before they become major issues.
Project Controls also helps to improve communication between stakeholders by providing them with accurate information about the progress of the project. This allows stakeholders to make informed decisions about how best to manage their resources and allocate their budgets.
Project Controls is an important process for ensuring that projects are completed on time and within budget. It involves activities such as cost estimating, scheduling, risk management, change management, and earned value management. By monitoring and controlling the progress of the project, potential problems can be identified early on and addressed before they become major issues.
Project Controls also helps to improve communication between stakeholders by providing them with accurate information about the progress of the project. This allows stakeholders to make informed decisions about how best to manage their resources and allocate their budgets.