Level: Intermediate
TCM Section(s):
8.1. Project Control Plan Implementation
11.2. People and Performance Management
Venue: 2023 AACE International Conference & Expo
Abstract: Project controls is becoming more widely adopted and deemed vital in effective project delivery, especially in large complex programs and projects. This is more prevalent in the private sector, as it has been proven to increase repeated success in project execution and thereby increase profitability for businesses – both owners and contractors alike. However, the value of project controls to drive profits or benefits for public sector owners in the aviation industry does not always carry the same importance as it does in private and for-profit industries. When profit or delivering on time is not a driver for performance by an organization (public or private), many project controls principles will appear irrelevant or not required. These principles appear at face value to cost more than the added benefit. As a result, many organizations, including government-controlled aviation organizations, may benefit from further development and implementation of integrated project controls, especially for large projects and programs (including the implementation of project management offices ).
This paper will discuss the benefits of project controls utilizing a method to determine organizational drivers to help influence the use of project controls, provide information on project controls solutions that are available, and how applying the right tool at the right time can affect positive project outcomes as a result of organizational acceptance of robust project controls. The purpose of this methodology is to create value for owners and increase the implementation of integrated project controls and thereby project success.
TCM Section(s):
8.1. Project Control Plan Implementation
11.2. People and Performance Management
Venue: 2023 AACE International Conference & Expo
Abstract: Project controls is becoming more widely adopted and deemed vital in effective project delivery, especially in large complex programs and projects. This is more prevalent in the private sector, as it has been proven to increase repeated success in project execution and thereby increase profitability for businesses – both owners and contractors alike. However, the value of project controls to drive profits or benefits for public sector owners in the aviation industry does not always carry the same importance as it does in private and for-profit industries. When profit or delivering on time is not a driver for performance by an organization (public or private), many project controls principles will appear irrelevant or not required. These principles appear at face value to cost more than the added benefit. As a result, many organizations, including government-controlled aviation organizations, may benefit from further development and implementation of integrated project controls, especially for large projects and programs (including the implementation of project management offices ).
This paper will discuss the benefits of project controls utilizing a method to determine organizational drivers to help influence the use of project controls, provide information on project controls solutions that are available, and how applying the right tool at the right time can affect positive project outcomes as a result of organizational acceptance of robust project controls. The purpose of this methodology is to create value for owners and increase the implementation of integrated project controls and thereby project success.