Project Controls are becoming an increasingly important function in Capital Investment projects. As projects get larger, more complex, and more expensive Project Controls can focus on the time and cost elements of the project and allow management to make informed decisions that will support the project being delivered on time and on budget. The Project Controls team's primary function is to ensure there is an understanding of the current status of the project, forecast where the project is going, and act as a point of coordination working cross-functionally to mitigate any risks to the schedule or budget of the project.
WHAT ARE PROJECT CONTROLS IN CONSTRUCTION?
Project controls encompass the processes, experience, people skills, and tools used to plan, manage, monitor and mitigate any risk or event that may effect the cost and schedule of a project.
These controls are the discipline and methodical processes used to support project management methodologies that focus on controlling the schedule and cost of the project. By detracting the realm of project controls to a molecular day to day level, they may look like the following:
Planning & Scheduling
Risk Management (Assessment, Identification & Mitigation)
Cost Estimating
Cost Management & Assurance
Schedule Management & Control
Change Order Management
This event is collocated with the National Construction Summit. To speak, sponsor or exhibit contact mark@prempubevents.com
Visitors are free to move between the different events.
