PMP Process #23 Control Costs Process - Deepstash

PMP Process #23 Control Costs Process

This process refers to the efforts of monitoring the status of the project to update the project costs and manage changes to the cost baseline.

Also, this process serves as a catalyst for cost and schedule performance review.

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Similar ideas to PMP Process #23 Control Costs Process

Keeping Control

Keeping Control

  • Take time to explain why they were chosen for the job, what's expected from them during the project.
  • Discuss timelines and deadlines.
  • Agree on a schedule of checkpoints at which you'll review project progress.
  • Make adjustments as necessary....

7. Lack of Regular Time Management Review

Review not only your daily and weekly performance but look into monthly and half-year reports to get a birds-eye view of your efforts.

Time management tips:

  • Avoid

Set a buffer

Plans rarely go as smoothly as planned, so it’s always wise to set a buffer time in place. 

Break down the project into smaller tasks and before the deadline, schedule a day or two to give yourself a breather to review your project, to allow for delays or last-minute changes. 

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