PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT 2GANTTCHART WBS # Task & Subtask12345678910 1A———— 1.1A1— 1.2A2— 1.3A3— 2B———— 3C——————— 4D——————————— 4.1D1———— 4.2D2————— 5E———— 6F—— 7G— 8H— 3VARIANCEANALYSIS(COSTINTHOUSANDS) Task & Subtask Milestone StatusPVEVAC Variance % Schedule (EV-PV) Cost (EV-AC) AComplete d 10010010000 A1Complete d 25252500 A2Complete d 50505000 A3Complete d 25252500 BComplete d 5050550-5 CComplete d 505040010 DIn progress 7040110-30-70 D1Complete d 3030500-20 D2In401060-30-50 ENTERYOURNAMEWITHSTUDENTIDPAGE2
PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT progress ENot started 9000-900 FNot started 4000-400 GNot started 5000-500 HNot started 500-50 Task Totals455240305-245-135 4ESTIMATEATCOMPLETION(EAC) EAC =$497,514.91 5COSTSUMMARY It is important to have a value for the money with respect to the project that is being undertaken by the company. It can be maintained with the controlling of the cost. There are different types of cost which needs to be considered for the project started with the regular check of the performance to ensure the value of the project. It is important that there is analysis of the cost at regular intervals to control it so that there is the value of the software that is being delivered. The cost fixed as well as the variable must be considered with respect to the project value that needs to be generated. The risk needs to be addressed and there can be changes in them due to issues that are surrounding the organisation as well as their employees which is important for the organisation. The risk associated must be reconsidered due to increase In the cost in comparison to the actual cost making it important for it. ENTERYOURNAMEWITHSTUDENTIDPAGE3
PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT 6S CURVE The S Curve is prepared through the Planned value, Actual cost and the Earned value for the performance measurement and to have control over the project. 7FORECASTCOMPLETIONDATE Forecast completion date = 10 Week. The forecast is must for the management of the issues that are being faced by the organisation. The forecast completion date is based on the work that has already been taken up in the project and the work that is remaining. 8MILESTONEREPORT Mileston e Task Scheduled Completion Projected Completio n Actual Completio nIssues AWeek 2Week 2Week 2- BWeek 4Week 4Week 4Unidentified cost CWeek 5Week 5Week 5Improper risk management DWeek 7Week 8Week 8Ambiguous contingency plan EWeek 8Week 8Week 8- FWeek 8Week 9Week 9- GWeek 9Week 9Week 9- HWeek 10Week 10Week 10- ENTERYOURNAMEWITHSTUDENTIDPAGE4
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PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT 9EVENTREPORT Current ProblemPotential ImpactCorrective Action Unidentified costsIncrease in the cost of completion Apportionment and management of the cost involved to make it as minimal as possible Ambiguous contingency plans Effect on the completion date of the project The contingency plan is must for the effective completion as there are always uncertainties which needs to be dealt with Improper risk management There can be increase in the overhead cost and delay in effective work The risk management techniques will be applied to forecast and minimise the overhead cost involved ENTERYOURNAMEWITHSTUDENTIDPAGE6
PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT PartB ProjectControls Task: Provide a description of how the project will be controlled including itsevent driven and time drivencontrallabecaterogiesand configuration procedural outputs for each itemcategorised. (max 2 pages) ENTERYOURNAMEWITHSTUDENTIDPAGE7
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PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT The project needs to be completed in a way that the cost is the lowest and the time is not exceeded which can be possible with the effective controlling of the projects. The control can be defined as the measurement of the performance which has been achieved by the company with the standards established by them. It can also be understood as the way in which the performance is being measured by the organisation with respect to the achievement of the objectives and goals set by the company. The controlling is the can be categorised as Directing and managing (Khazaeni, and Cassandras, 2016). Directing consists of the mechanism as well as the controls that can be established along with the management of the various stages of the project. Event Driven – The Event driven are based on the particular events that has occurred within the time span of the project that are being conducted. The event driven control example includes the deliverables or the event that can affect the availability of the raw material for the completion of the project (Khazaeni, and Cassandras, 2016). Time Driven Techniques – The time driven techniques includes the time frame for the establishment of the particular control. These controls and techniques are established depending upon the time period or the stages of the project that are being conducted (Zou, et. al., 2014). These controls are basically effective for the company in completion of the project with the optimum utilisation of the resources within the budgeted stipulated time. The measurement of the performance can be done with regular and time driven controls and preventive steps can be taken in case there are some issues (CGIAR, 2017). The organisation can be benefitted be completion of the project in the minimal cost and effective way. The various Controllable Categories for the completion of the projects are as follows:- Deliverables – The deliverable are the materials that are required with respect to the development of the project. It is crucial that there is time delivery as per the planning of the procurement manager so that there is smooth running. Configuration Items – These can be described as the support material or software required to effectively imply the direct material used for the material. These also includes the frame of the material quantity that need to be ordered by the Project status accounts – The project progress with respect to the cost incurred and the budget made are being categorised to determine the variance that is being occurred and the reason for the same. ENTERYOURNAMEWITHSTUDENTIDPAGE8
PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT Daily Logs – The daily logs are needs to be maintained with respect to the arrival of the Inventory and preparation of the software of the company. There must be in written about all details with respect to the daily activities conducted. Issue Items – The project may face many issues that can affect the Configuration Procedural Outputs includes:- Planning – Planning is the key for the proper completion of the project that is undertaken by the organisation. It is the base of future completion of the projects as per the desired results and timely delivery. Identification – Identification is the forecasting of the issues that can occur during the completion of the project of brining every health organisation under one roof. Control – The control can be referred to as the tools and techniques that can be undertaken with respect to overcoming of the issues that are being face by the organisation. Status accounting – The status accounting is recording and analysing of each and every activity which is being conducted in the premises for the project that is undertaken for the decision making. Verification and auditing – The verification and the auditing includes the steps that must be implemented so that there is checking of each and every document along with the audit of the same to determine any flaw or misstatements in it. The company can be benefitted in the way:- The categories can be used by the organisation so that the data that need to be clubbed for the preparation and implementation of the software can be effectively managed by the company. The benefit can be understood with the help of the company is that there are various stages which needs to be completed by the company including set up of the inventory which can be done in an planned way through the above categories. ENTERYOURNAMEWITHSTUDENTIDPAGE9
PROJECTSTATUSANDCONTROLREPORT NAMEOFPROJECT References Xue, H., Zhang, S., Su, Y. and Wu, Z., 2018. Capital Cost Optimization for Prefabrication: A Factor Analysis Evaluation Model. Sustainability, 10(1), p.159. Zou, L., Wang, Z., Dong, H., Liu, Y. and Gao, H., 2014. Time-and event-driven communication process for networked control systems: a survey. In Abstract and Applied Analysis (Vol. 2014). Hindawi. CGIAR, 2017. Project management. CGIAR. [Online]. Also available at https://www.cgiar.org/wp/wp-content/uploads/2018/01/GPN-Project- Management-July-2017.pdf. [ Accessed on 25-4-2018] Schwieterman, J.P.andFischer, L.A., 2017. The S-Curve of Technological Adoption: Mobile Communication Devices on Commuter Trains in the Chicago Region, 2010–2015. Journal of Public Transportation, 20(2), p.1. Toh, T.C., Ting, C., Ali, K.N., Aliagha, G.U. and Munir, O., 2012. Critical cost factors of building construction projects in Malaysia. Procedia-Social and Behavioral Sciences, 57, pp.360-367. Santosh, E.V.andApte, E.M., LossinProductivity in RelationwithDelay Analysis in Building Construction Projects. IOSR Journal of Mechanical and Civil Engineering (IOSR-JMCE) Volume 11, Issue 3 Ver. IV PP 73-80 Khazaeni, Y. and Cassandras, C.G., 2016, May. Event excitation for event- driven control and optimization of multi-agent systems. In Discrete Event Systems (WODES), 2016 13th International Workshop on (pp. 197-202). IEEE. ENTERYOURNAMEWITHSTUDENTIDPAGE10