|
Each project be planned and controlled on an integrated basis;
Including all contributing functional areas or organizations;
Through all of the project life cycle phases: conception, definition, design, development/manufacture/construct, installation/initial use/operation, post-completion;
Including all the elements of information (schedule, cost and technical) pertinent to the situation, together with proven earned value techniques with cost and schedule variance reports; and
Using currently available Web-based project management software systems.
IPMS Approach to project planning and control is integrative and predictive. Integrative means that all phases of the project and all the elements of information mentioned above are logically linked together. Predictive means that the system forecasts what will happen in the future based on the current plans, and estimates, with the actual physical progress and reported expenditures constantly updating the schedule and cost baseline for the future forecasts.
Effective application of the powerful computer-supported project planning and control systems available today requires using one integrated system (usually consisting of project-oriented subsystems that are properly linked together) for each and every project within the organization to:
Define and control systematically the project's objectives and scope.
Evaluate and proactively manage individual project risks together with the aggregate project portfolio risks.
Define and control the specification, quality, configuration and quantity of intermediate and final products (or deliverables) of the project.
Systematically define and control the work to be carried out using the project/work breakdown structure (P/WBS) approach.
Estimate the labor, material and others costs associated with the project's deliverable products and related work elements, and each summary element in the P/WBS.
Plan and control the sequence and timing of the project deliverables and related work elements using a top level project master schedule plus an appropriate hierarchy of schedules.
Authorize and control the expenditure of funds and work hours required to execute the project.
Provide the information regarding both a) actual progress and expenditures and b) forecasts in the future required by project managers, department managers, functional task leaders and work package leaders on a timely and reasonably accurate basis.
Continually evaluate progress and predict and mitigate problems with quality, cost, schedule and risk using earned value project management methods.
Report to management and customers on the current status and future outlook for project quality, cost and schedule completion, including post-completion reports.
|