Level: Intermediate
TCM Section(s):
8.1. Project Control Plan Implementation
Venue: 2023 AACE International Conference & Expo
Abstract: Effective project control has immense value in keeping large projects on track to achieve cost and/or schedule objectives. With that said, many project management practitioners believe that large project tools and techniques are overkill in the multiple small project environment. The consensus is that extensive project control is unnecessary for small project portfolios not requiring the size and depth of coverage applied for large projects. However, it is also generally accepted that there are adaptations of these tools and techniques that can provide the transparency required to keep small projects and overall portfolios on target. This paper will begin by outlining the need for effective baselines established in small project portfolios and continue with the control means and methods that are applicable. Lessons learned will be shared, along with successful organizational structures, control tools and processes that result in small project solutions suitable for the plant/site-based project environment.
TCM Section(s):
8.1. Project Control Plan Implementation
Venue: 2023 AACE International Conference & Expo
Abstract: Effective project control has immense value in keeping large projects on track to achieve cost and/or schedule objectives. With that said, many project management practitioners believe that large project tools and techniques are overkill in the multiple small project environment. The consensus is that extensive project control is unnecessary for small project portfolios not requiring the size and depth of coverage applied for large projects. However, it is also generally accepted that there are adaptations of these tools and techniques that can provide the transparency required to keep small projects and overall portfolios on target. This paper will begin by outlining the need for effective baselines established in small project portfolios and continue with the control means and methods that are applicable. Lessons learned will be shared, along with successful organizational structures, control tools and processes that result in small project solutions suitable for the plant/site-based project environment.