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SPM 4

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33 views15 pages

SPM 4

Uploaded by

Ankit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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MONITORING

AND CONTROL
Himanshu Rajput​
2

CREATING
FRAMEWORK
• Exercising control over a project and ensuring that targets are
met is a matter of regular monitoring.
• Finding out what is happening and comparing it with current
targets.
• The projects starts its execution, the project must be carefully
monitored to ensure the project’s progress.
3

ASSESSING
PROGRESS
• The basis of information collected and collated at regular
intervals or when specific events occur
• Information will be objective and tangible.
• The information can however, measure the project’s
objectives in determining whether the project can produce
deliverables or not.
4

COLLECTING DATA
• Gather information about partially completed
activities.
• Difficult to make the forecasts accurately.
• Partial completion reporting
• Risk reporting
5

COST MONITORING
• A project could be late because the staff originally
committed, have not been deployed.
• In this case project will be behind time but under
budget
• Additional resources can make it on time but it will
be over budget
• Monitor both achievements and costs
6

EARNED VALUE
ANALYSIS
• Planned value – Original estimate of the effort/cost
to complete a task.
• Earned value – Total of planned values for the
work competed at this time.
7

PRIORITIZING
MONITORING

• We might focus more on monitoring certain types


of activities:
• High risk activities
• Activities with critical resources
• Critical path activities
8

GETTING BACK ON
TRACK
• Renegotiating the deadline
• Try to shorten activities on critical path e.g.
• Work overtime
• Buy in more staff
• Re-allocate staff from less pressing work
9

CONTRACT
MANAGEMENT
10

TYPES OF
CONTRACT
• Fixed price contracts
• Time and materials contracts
• Fixed price per delivered unit
11

FIXED PRICE
CONTRACTS
• Advantages to customer
• Known expenditure
• Supplier motivated to be cost effective

Disadvantages
• Difficult to modify requirements
• Threat to quality
12

TIME AND
MATERIALS
• Advantages to customer
• Easy to change requirements
• Superior quality due to lack of pressure

Disadvantages
• Customer liability to all the risks
• Lack of incentive for supplier to be cost-
effective
13

FIXED PRICE/UNIT
• Advantages to customer
• Understanding of how price is calculated
• Comparability between different pricing
schedules
Disadvantages
• Difficulties with software size measurement
14

ACCEPTANCE
• When work is completed, customer needs to
carry out acceptance testing.
• Contract may put a time limit to acceptance
testing – customer must perform testing
before time expired
• Part or all payment to the supplier should
depend on acceptance testing.
THANK YOU
Himanshu Rajput
[email protected]

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