Project Management: Achieving Competitive Advantage, Fifth Edition

Summary

1. Understand the nature of the control cycle and the four key steps in a general project control model. Accurately evaluating the status of ongoing projects represents a real challenge for project teams and their parent organizations. The process of project control, consisting of a recurring cycle of four steps (setting goals, measuring progress, comparing actual progress with plans, and correcting significant deviations), demonstrates a theoretical framework for understanding the continuous nature of project monitoring and control.

2. Recognize the strengths and weaknesses of common project evaluation and control methods. A number of project evaluation and control techniques exist, from the simplistic to the highly sophisticated. The most ...