Project Control

Project control is an aspect of project management that must never be neglected during the planning and during the execution of a project. The control of a project implies an efficient management of the contracts, of the costs and of the schedule.

There are various methods to control the costs and the schedule of a project. Our team prefers to control a project by using the ‘Earned Value Management’. This methodology uses the links that exist between the budget, the actual costs, the actual progress and the schedule, to evaluate the overall status of a project.

The ‘Earned Value Management’ requires a good understanding of the various steps that must be undertaken to lead an industrial project to its completion. It is important to produce solid and realistic costs estimates, and it is equally important to have the capacity to capture accurately the actual costs and the actual progress of a project, at any given time. We normally recommend to do so at least every month.

Several managers will minimize the importance of project control.  Whether it is for budgetary reasons,  for lack of resources or because of a lack of knowledge, some project teams may prefer to manage a project in a day-to-day fashion.

Our team offers a solid expertise in project control. We make it a high level of importance. It is paramount to set up a system that will provide the necessary information to conduct useful assessments of the costs, the progress, and of the schedule. It should be done at the earliest moments of a project. Once a system is put into place, the ‘Earned Value Management’ will then provide the necessary forecast to facilitate the decision making process.

Our clients will benefit from our expertise in this domain. NMCG inc setup a project control system that will provide better assessments of the project. This will then facilitate the decision making process, and it will inevitably lead your projects to higher rates of success.