Project Control Techniques - Online Snippet

Overview

An organization without a strategy is like a ship without a rudder. How can organizations continue to provide exceptional value to stakeholders and customers if they are not clear on where they are heading and how they will get there? The answer is: they can't. This is where the role of strategy becomes essential. Strategy is about setting ambitious goals, understanding the surrounding current and future environment, and providing a sense of direction for the organization. The most important step in developing a strategy begins with a comprehensive understanding of the surrounding and future environment. Unfortunately, many organizations don’t spend enough time on this important step or worse yet, skip this step altogether.
We have designed this online snippet to provide you with tools to analyze your organization’s environment by using the SWOT analysis and the PEDESTL analysis. By attending this online snippet, analysts, professionals, and managers will be able to immediately apply these strategic frameworks to help analyze their organization’s current and future environment and set the stage for development of a powerful strategic plan.

Major Take-aways

• Earned value method
• Variance analysis
• Calculating schedule variance and cost variance
• Use Gantt chart and milestone chart as a monitoring tool
• Traffic light report
• Project’s common Key performance indicators (KPIs)
• Alternative to regain control over the project