Level:
Intermediate
Venue: 2024 AACE International Conference & Expo
Abstract: Numerous articles have been written about why projects fail! While there may be disagreement as to the root cause, one common contributor to failure is due to the lack of attention and efforts being applied to the project controls surveillance envelop within a project. This presentation tries to articulate the business value and technical contributions that proper project controls can provide if instituted properly.
With this said, the objective of this presentation is to provide a fundamental understanding of the Six Elements of Projects and the requirements to apply these in the project environment. These include:
Project controls is simple but yet complex. There are many moving parts and interdependencies. However, once one understands the relationships and the inputs and outputs of project controls, its complexity diminishes. While technology is constantly advancing, the basics and fundamentals of project controls will always remain the same. How we manage this exercise will determine how successful we will be. The six elements of project controls, complemented with the prescribed approaches, provide an objective approach while introducing value to the organization.
Venue: 2024 AACE International Conference & Expo
Abstract: Numerous articles have been written about why projects fail! While there may be disagreement as to the root cause, one common contributor to failure is due to the lack of attention and efforts being applied to the project controls surveillance envelop within a project. This presentation tries to articulate the business value and technical contributions that proper project controls can provide if instituted properly.
With this said, the objective of this presentation is to provide a fundamental understanding of the Six Elements of Projects and the requirements to apply these in the project environment. These include:
- Quality and the impact that errors have on impeding project success.
- Maturity and the necessary focus required on the tasks that each element requires.
- Competency that ensures sufficient knowledge or skill.
- The value of project controls (VOPC) that enhances the delivery of projects that appraise quality, maturity, and competency.
Project controls is simple but yet complex. There are many moving parts and interdependencies. However, once one understands the relationships and the inputs and outputs of project controls, its complexity diminishes. While technology is constantly advancing, the basics and fundamentals of project controls will always remain the same. How we manage this exercise will determine how successful we will be. The six elements of project controls, complemented with the prescribed approaches, provide an objective approach while introducing value to the organization.