define project control processand provide the key attributes of project control
define project control processand provide the key attributes of project control
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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define project control processand provide the key attributes of project control
Expert Solution
Step 1: Define Project control:
Project control is a series of processes and procedures used to coordinate, monitor and direct the planning, execution and completion of a project. It involves tracking what is happening on the project, comparing that to what should be happening, and taking corrective action if necessary. The goal of project control is to ensure that the project is completed on time, within budget, and to the specified quality standards.
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