What is Project Controls

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Summary:
This video explains the concept of project controls in project management. It highlights the importance of project controls in ensuring that a project adheres to its plan, scope, time, and cost constraints. The video discusses the six primary project constraints: time, cost, scope, quality, risk, and resources. It also covers key practices for implementing project controls, such as schedule management, cost management, scope management, quality management, risk management, and resource management. Additionally, the video emphasizes that project controls are dynamic and should be adjusted as the project evolves.
Highlights:
• 00:003 Introduction to project controls
o Integral to project management
o Ensure adherence to plan, scope, time, and cost
o Combination of tools, techniques, and processes
• 00:244 Six primary project constraints
o Time, cost, scope
o Quality, risk, resources
o Manage and control project variables
• 00:465 Key practices for implementing project controls
o Schedule management
o Cost management
o Scope management
• 01:186 Additional key practices
o Quality management
o Risk management
o Resource management
• 01:487 Dynamic nature of project controls
o Adjust as project evolves
o Set up throughout project life cycle
o Utilize project management software
• 02:258 Difference between project controls and project management
o Project controls focus on measurement and regulation
o Project management covers broader spectrum
o Ensure project success within defined parameters
Keywords:
#ProjectControls
#ProjectManagement
#ScheduleManagement
#CostManagement
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