A Comprehensive Guide to Project Management Schedule and Cost Control: Methods and Models for Managing the Project Lifecycle

12. Schedule and Cost Control

Introduction

When projects are approved within an organization, the expectation is that the resources and materials procured per the original estimate are sufficient to complete the project objective as outlined in the project plan. Depending on the size and structure of the organization and the size and complexity of a given project, the project manager may be responsible for or assist in the development of the project plan, schedule, and budget. However, the project manager’s primary roles are monitoring project activity and implementing controls to ensure project activities produce the expected deliverable on schedule and on budget. Gathering and analyzing work activity information and assessing the need for ...