The practitioner handbook of project controls / edited by Dennis Lock ; consulting editor, Shane Forth.

Format:

Book

Contributor:

Lock, Dennis, editor.

Forth, Shane, editor.

Series:

Project Management Handbooks

Language:

English

Subjects (All):

Project management.

Physical Description:

1 online resource (459 pages).

Edition:

1st ed.

Place of Publication:

London ; New York, New York : Routledge, [2021]

Summary:

This book is a comprehensive guide to the procedures needed to ensure that projects will be delivered on time, to specification and within budget. Eight expert contributors have combined their considerable talents to explain all aspects of project control from project conception to completion in an informative text.

Contents:

Cover

Half Title

Title Page

Copyright Page

Dedication

Table of contents

Figures

Notes on contributors

Part I Getting started

1 Project fundamentals

Different types of project

Civil engineering, construction, mining and quarrying projects

Manufacturing projects

Management or change projects

Pure scientific research projects

Stakeholders

Multiple projects and programmes

Professional organizations

AACE International

The Association of Controls Management

The Association of Cost Engineers

Association for Project Management

The Engineering Construction Industry Training Board

Planning Planet

Project Controls Online

Project Management Institute

References and further reading

2 Introducing project controls

The project controls environment

Questions of priority

Project specification and scope

Contract administration

Purchasing and materials control

Cash flow

Progress against schedule

Controlling risk

Project people

Health and safety

Quality and reliability

3 Project authorization

Internal projects

Low-cost internal projects

Making the business case for large capital investment projects

High-cost investment projects

Feasibility studies

Financial forecasts and analyses

Discounted cash flows

Project authorization

Project authorization by charter and contract

Project charter

Project contract

Project registration and numbering

Conclusion

4 Control principles

Control cycles

Principles of planning and scheduling

Controlling progress

Immediate action orders

Controlling project costs

5 Essential coding structures

An introduction to codes

Codes for calendar dates

Coding consistency throughout an organization.

Organizational breakdown structures and codes

Department codes

Staff codes within the organization

Resource codes

Project identifier codes

Internal company projects

Project register

Coded work breakdown structure

WBS example for a copper mine development project

Cost breakdown structure

Avoiding unnecessary complication

Part numbers

Serial numbers

Build schedules and traceability

Part II Project organization

6 Organization structures

Introduction to organizations and management control

Management span of control

Coordinated project matrix organizations

Balanced matrix organizations

Team organizations

Task force organizations

7 More complex organizations

Hybrid organizations

Contract matrix organizations

Joint venture and consortium organizations

Example of a joint venture organization and integrated project management team

The dynamic nature of a JV organization

Best athlete approach in joint venture organizations

Implications for project controls people and procedures in joint venture organizations

Joint venture integrated project team organizations - what can go wrong?

8 The Project Management Office

What's in a name?

PMO organizational structures

Different types of PMO

Essential PMO services

Staffing a PMO

Conclusion: challenges for the PMO manager

Part III Cost control

9 Introduction to cost accounting

The finance department

Costs

Pricing and costs

Indirect timesheet bookings by direct workers

Direct timesheet bookings by indirect workers

Temporary and agency workers

Direct labour costs

Timesheets

Timesheet analysis and reporting

Accounting for project materials costs

Credit control.

Conclusion

10 Introduction to cost estimating

Relevance of cost estimating to project controls

Reliability and accuracy of project cost estimates

Classifying estimates according to their reliability

Competence of the cost estimator

Project definition

Documenting the project cost estimate

Overhead costs

Below the line costs

Contingency allowance

Cost escalation

Case ­example 1

Case ­example 2

Case ­example 3

Case ­example 4

11 Cost estimating for construction

Optimism and risk

The importance of project scope definition

Foreign currency exchange rates

Lang and Hand factors

Lang factors

Hand factors

Predicting labour hours: use of norms at composite and elemental levels

International location factors

12 Cost estimating accuracy

The myth of accuracy in cost estimates

Degree of confidence in cost estimates

Rating the project definition

Estimate score sheet

Reference class forecasting

Documenting the estimate basis

Meetings during cost estimating

Reviews and checks

Checklists

13 Project cost accounting and control 1

Introduction

Cost control interfaces

Scheduling cash flows

Cash inflows

Cash outflows

Net cash flows

Example

Levels of authority for project expenditure

Timesheet management

Timesheet analysis

Reference

14 Project cost accounting and control 2

Overhead over and under recovery

Cost reporting

Level of detail in cost and progress reports

Debtors

Close out

Part IV Scheduling

15 Basic planning methods

Identifying and listing the project tasks

Estimating task durations.

Elementary planning methods

Task lists and action lists

Gantt charts

Gantt chart example for a garden workshop project

Calendar for the garden workshop project

Linked Gantt charts

Project milestones and their implications for project control

Project milestones in relation to controlling progress against the schedule

Project milestones in relation to controlling costs and cash flow

Tied activities

16 Critical path planning

Introduction to critical path methods for project planning

Activity-on-arrow networks

Different kinds of float

Activity-on-node (precedence) network diagrams

More detailed descriptions of float and slack

Sketching an initial network diagram for a new project

Calendars and calendar dates

Target dates

Dangles

Duplicated records

Loops

Schedule errors

A cautionary tale

A case example of planning to rescue a project in distress

17 Accelerating the project

Reviewing the duration estimates and project milestones

Accelerating project tasks

Considerations to be addressed when attempting to accelerate late work

Diminishing returns associated with increasing the labour on a single task

Culture

Optimism

Variable skill levels

Using contingency allowances from the initial project estimates and budget

Crashing

Compensation factors for the costs of accelerating project work

18 Scheduling project resources 1

Scheduling people with specific skills for project tasks

Threshold resource levels

19 Scheduling project resources 2

Resourcing the plan

Specifying the availability for each category of resource

Assigning resources to individual activities.

Consideration of variable resource usage rates during the progress of an activity

Resource planning and aggregation

Levelling the resource schedule

A simulation example

Predicting expenditure and cash outflows using the project schedule

Treating direct project costs and cash as a resource

The schedule baseline

Software options

20 Project schedule technical integrity

The human factor

Open ends

Imposed dates

Negative lags

Improper software configuration

Activity duration types

Choosing the scheduling option 'Make open-ended activities critical'

Choosing the scheduling option 'Use retained logic or progress override'

Too many activities

Review of good practice

Open ends, imposed dates or negative lags in the network logic

Networks containing too many activities

Documenting the schedule basis

Maintaining project schedule technical integrity throughout the project lifecycle

21 Controlling project manufacturing

The P:D ratio

Sequencing

Johnson's sequencing method

Production management strategies

Material requirements planning

An MRP example

Manufacturing resource planning

Enterprise resource planning

Lean production

Continuous improvement

Eliminating waste

Matching supply and demand

Flexible processes

Minimizing variability

Hybrid strategies

Interfacing production management and project management

22 More specialized scheduling

Standard project start-up plans

Rolling wave planning

Line of balance techniques for construction projects

Line of balance charts for a small number of units in a construction project

Line of balance for a project to build 80 houses.

Critical path network modules and templates.

Notes:

Includes index.

Description based on print version record.

ISBN:

0-429-28712-7

1-000-19414-0

9780429287121

OCLC:

1191127396