DCC40132 Chapter 5 - Activity 4 (Controlling)

Controlling in terms of a project is a process of comparing the ________ with baseline performance and discerning any deviation

• actual performance

• schedule

• track

• project management

Management action, either pre-planned to achieve the desired result or taken as a ___________ prompted by the monitoring process

Project controls is mainly concerned with metrics of the project, EXCEPT for ____

• Quantity

• Cost

• Revenue

• Weather

Objective project planning & controlling is to implement time and cost controlling

• True

• False

Earned Value Analysis (EVA) is a method that allows the project manager to measure the amount of work actually performed on a project beyond the basic review of cost and schedule reports, write down one of three data sources.

Project controlling in term of cost engineering & estimating is by using listed method, EXCEPT ____

• Estimating

• Cost management

• Cost control

• Cost measurement

Project Control is a process and activities needed to correct _____ from plan.

Planning for project presentation is to determine the people that will be responsible for presenting the final product, the required supplies if any, and whom to present to. Also, plan for how to address ______

Deadlines and budgeting; set in place a plan for ________ the initial project costs, keeping track of changes to the budget by regular communication with the accounting department, and ensuring that deadlines are met. Also, develop a contingency plan for if and when a deadline is not met, how to avoid future deadline failures.

Predetermined risk factors; knowing which risks are worth taking, and which are guaranteed to sabotage project success. Setting a _____ plan to mitigate risks before they can become real project threats will save you a boundless amount of pain when risks are managed.