A key to successfully managing projects is
to implement effective and efficient project controls by being risk
aware and focused. The variability with project controls resources,
systems and processes can make a significant the difference in project
outcomes. This paper lays out the requisite fundamentals for project
controls staff, systems and processes via a "thou shalt" style. A
problem with current performance measurement systems are that they only
focus on cost efficiency and schedule progress but not on effectiveness
(risk awareness). The focus here is on bringing effectiveness into the
equation through a risk-based, objective and engaging approach to bring
the best value to all project stakeholders. Adopting these ten
fundamental approaches offers project controls staff and other project
stake-holders better odds for success.