Execution and Control - Controlling progress

7 important questions on Execution and Control - Controlling progress

Name the 4 steps to control progress

  1. Plan future work and estimate performance
  2. Monitor and report results
  3. Compare results to the plan and forecast future results
  4. Plan and take effective action to recover the original plan or to minimze variance

Name the 6 requirements for effective reporting

  1. Reports should be made against the plan
  2. There should be defined criteria for control
  3. The control tools should be simple and friendly
  4. Reports should be made at defined intervals
  5. Reports should be discussed at formal meetings
  6. The reports should stimulate creative discussions

How can you best gather data from the project team members?

By using timesheets you can gather the time and cost data
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In what 3 ways can the record of effort to date versus effort remaining be used to control time?

  1. By revising estimates of duration
  2. By indicating the cause of delays
  3. Through earned value calculation

How do you calculate forecast cost to completion?

actual cost to date + forecost cost remaining

What are the 6 steps in change control (related to step 6 controlling scope)?

  1. Log the change
  2. Define the change
  3. Assess the impact of the change
  4. Calculate the cost of the change
  5. Define the benefit of the change
  6. Accept or reject the change based on marginal investment criteria

What are the 6 steps for planning recovery from deviations?

  1. Stop
  2. Look, listen and learn
  3. Develop options and select a likely course
  4. Win support for the chosen option
  5. Act
  6. Continue to monitor

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