Project Control and Benefits Realisation

Project Control and
Benefits Realization

Contents
INTRODUCTION.....................................................................................................................................3
Discussion...................................................................................................................................................3
CONCLUSION..........................................................................................................................................4
REFERENCES..........................................................................................................................................6

INTRODUCTION
Project control can be referred to as a process that comprises of the resources, procedures
as well as tools that will be utilized for the planning, monitoring as well as controlling of the
different phases of a project lifecycle. There are various factors that can contribute to the overall
success of a project and benefits realization can be referred to as a means to ensure that benefits
are derived from the outputs (Calzada, 2020). Project control systems differ from each other
depending on the project context, scale as well as complexity. It is important to develop a
benefits realization plan that outlines the activities which are necessary to ensure that the
different benefits of the project are realized on time. The respective report will discuss how
project control system may differ depending on the project context, scale and complexity as well
as how value management and benefit realization can be incorporated into a project control
system.
Discussion
A project control system can be referred to as the systems that are used for gathering
data, its management in order to guess as well as acknowledge the cost outcomes of a particular
project. In other words, a project control system can be referred to as a cost and schedule
approach that consists of different people, processes as well as tools that help in identifying as
well as communicating the performance of the project. There are different project control
systems that differ based on their context, scale as well as complexity. Cybernetic control and
post-performance control are the two types of project control systems that are used by the project
managers in order to complete a given project in an effective manner (Different types of Project
Control, 2021). The cybernetic control and post control project control system, which is also
known as post-performance controls it is direct towards improve the overall chances for the
future projects to meet their overall goals in an effective manner. go/no-go is another type of
project control system that that tests whether some of the specific preconditions have been met
for the performance time as well as cist of the project (Hill and et.al., 2021). It can be said that
one of the differences between the go/no-go as well as cybernetic project control focuses on
achieving the going project. Rather, the project control system is focused on improving the
overall chance of accomplishment.