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The News About Project Controls

Event Date

Jun 30, 2008

Type

Conference Presentation - Plenary

Research Team

RT-244

Slides

Topic

Global Project Control and Management Systems

DOCUMENT DETAILS

Abstract

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Abstract

Project Controls and Management Systems (PCMS) includes the people, processes, and tools for the planning and execution of all phases of capital projects including, but not limited to, Estimating, Cost Control, Planning, Scheduling, Change Management, Progressing, and Forecasting. The principles of PCMS functions that were established in the 1960s and 1970s are still valid today. However, the environment in which modern day construction projects operate has changed dramatically and PCMS needs to adapt accordingly. The drivers of the changing environment are captured in 13 trends: Sophistication of information technology Project complexity Speed of project execution Recognition of changes Changing owner organization direct involvement Globalization Outsourcing Graying of PCMS Contractor specialization Increase in regulatory oversight Distribution of project risks among and within organizations Virtual performers on project teams Labor and materials availability and price elasticity RT-244 primary objectives were to 1) document the state of practice of PCMS as implemented by CII member organizations, 2) identify the principles of PCMS process that are still valid and highlight improvements (Trends Influencing PCMS), and 3) evaluate existing CII research and implementation publications relating to PCMS and make recommendations for archiving, validating, and updating these documents.

Filters & Tags

Knowledge Area

Business and Project Processes, Project & Program Management, Project Controls

Project Phase

Feasibility, Concept, Detailed Scope, Detailed Design (Engineering), Procurement, Construction, Commissioning & Startup, Handover & Closeout

Project Function

Project Business Sponsor, Project Management, Architects & Engineering, Project Controls, Construction

Industry Group

Light Industrial, Heavy Industrial, Buildings, Infrastructure

Research Topic

Global Project Control and Management Systems

Keywords

PCMS (Project Controls & Management System), Change Management, Estimating, Cost Control, Forecasting, Information Technology, Interface Management, rt244