Various moving parts can make it difficult for projects to stay aligned with the initial plans. Regardless of the size, projects find it increasingly more difficult to stay on track. A 2018 survey revealed, that 88% of the respondents perceive project controls to be important or critical to the project success. Furthermore, the report confirmed the correlation between Project Controls and success: organisations that perceived controls as ‘critical’ were twice as likely to meet all project objectives, while those who perceived it as ‘not important at all’ were more than 3 times more likely to fail.

Benefits of Implementing Project Controls

Some of the key benefits include:

• Standardised approach resulting in more efficient project start up
• Link between cost estimation and cost control
• Integration of systems and processes
• Reduced project costs through efficient decision making based on KPIs
• Increased cost and completion predictability
• Project health checks at each stage of the project
• Ability to control and mitigate project scope creep
• Improved change control capabilities
• mproved risk management capabilities
• Meaningful benchmarking data for future projects via well-structured projects
• Increased margins when working in a fixed-price environment
• Improved reputation resulting in repetitive business
• Competitive advantage over organizations with less mature project management capabilities
• Increased job satisfaction for project team members

Are you interested in exploring how project controls could help improve your projects' performance? 

Let's talk.

Best, Radek Makar Planning Director | ViViAD radek@viviad.co.uk

We are a London based, independent construction consultancy specialising in Project Services with Dispute Resolution Reachback. We act as interim managers but are open to longer commissions.

Our offer includes Planning Management, Commercial Management, Risk Management, Claims Management, Dispute Services, NEC Advice and Training.