Project Management Control Systems

Project management control systems are the modern tools for managing project scope, cost and schedule. They are based on carefully defined process and document controls, metrics, performance indicators and forecasting with capability to reveal trends toward cost overrun and/or schedule slippage. Identifying those trends early makes them more amenable to successful management.

Traditionally, management systems have utilized data about planned and actual costs. Modern systems further incorporate, in their analysis of projects and tasks, the monetary value earned for actual work accomplished.

1. They analyze the Planned Value of work scheduled (PV),
2. Actual Cost of work performed (AC),
3. and Earned Value of work performed (EV).

Forecasting includes cumulative and incremental trends in key indicators such as the

• Estimate at Completion (AC + Estimate to Complete),
• Cost Variance (EV – AC),
• Schedule Variance (EV – PV),
• Cost Performance Index (EV/AC),
• and Schedule Performance Index (EV/PV).

Earned Value Management (EVM) is a systematic approach to the integration and measurement of cost, schedule and scope accomplishments on a project or task, providing managers the ability to examine cost data in the context of detailed schedule information and critical program and technical milestones.

EVM systems are in use by IT service providers, leading project delivery contractors in commercial industry and government service. ( works in any sphere )

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Nothing is perfect in this world of chaos.

So to bring orderliness, something has to be scratched from bottom up.

Every step of the way in any development or project completion gets monitored and reported.

It gives a sense of feeling while work gets done.

The guy who monitors - Program Manager ( multiple projects ) or Project Manager ( single project ) with tons of resources should be using various learned tools, gained experience, of the scope of the project.

Be like this boy

Be Positive Like This Boy

A beautiful Madam was having trouble with one of her students in 1st Grade class. Madam asked,'Boy. what is your problem?'

Boy answered, 'I'm too smart for the first-grade. My sister is in the third-grade and I'm smarter than she is! I think I should be in the 4th Grade!'

Madam had enough. She took the Boy to the principal's office. While the Boy waited in the outer office, madam explained to the principal what the situation was. The principal told Madam he would give the boy a test and if he failed to answer any of his
questions he was to go back to the first-grade and behave.She agreed.

the Boy was brought in and the conditions were explained to him and he agreed to take the test.



Principal: 'What is 3 x 3?'
Boy.: '9'.


Principal: 'What is 6 x 6?'
Boy.: '36'.


And so it went with every question the principal thought a 4th grade should know. The principal looks at Madam and tells her, 'I think Boy can go to the 4th grade.'

Madam says to the principal, 'I have some of my own questions.

Can I ask him ?' The principal and Boy both agreed.


Madam asks, 'What does a cow have four of that I have only two of'?

Boy, after a moment 'Legs.'


Madam: 'What is in your pants that you have but I do not have?'

Boy.: 'Pockets.'



Madam: What starts with a C and ends with a T, is hairy, oval,
delicious and contains thin whitish liquid?

Boy.: Coconut


Madam: What goes in hard and pink then comes out soft And sticky?

The principal's eyes open really wide and before he could stop the answer, Boy was taking charge.

Boy.: Bubblegum


Madam: What does a man do standing up, a woman does sitting down and a dog does on three legs?

The principal's eyes open really wide and before he could stop the answer..

Boy.: Shake hands



Madam: You stick your poles inside me. You tie me down to get me up. I get wet before you do.

Boy.: Tent



Madam: A finger goes in me. You fiddle with me when you're bored. The best man always has me first.

The Principal was looking restless, a bit tense and took one large Patiala Vodka peg.

Boy.: Wedding Ring


Madam: I come in many sizes. When I'm not well, I drip. When you blow me, you feel good.

Boy.: Nose



Madam: I have a stiff shaft. My tip penetrates. I come with a quiver.

Boy.: Arrow


Madam: What word starts with a 'F' and ends in 'K' that means lot of heat and excitement?

Boy.: Fire truck



Madam: What word starts with a 'F' and ends in 'K' & if u don't get it, u have to use ur hand.

Boy.: Fork



Madam: What is it that all men have one of it's longer on some men than on others, the pope doesn't use his and a man gives it to his wife after they're married?

Boy.: SURNAME.


Madam: What part of the man has no bone but has muscles, has lots of veins, like pumping, & is responsible for making love ?

Boy.: HEART.



The principal breathed a sigh of relief and said to the teacher,

'Send this Boy to
IIM AHMEDABAD (Indian Institute Of Managment)
I got the last ten questions wrong myself!'