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Project Controls and Management Systems: Forecasting -- Promoting Leading Practice

Publication No
IR244-4
Type
Printable assessment(s)
Publication Date
Aug 01, 2012
Pages
39
Research Team
RT-244
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DOCUMENT DETAILS
Abstract
Key Findings
Filters & Tags
Abstract
Forecasting is a central activity of project controls and management systems (PCMS) and is a key component of measuring and guiding project health. Many risks throughout the project life cycle influence how quickly and cost-efficiently projects can be
Key Findings
IR244-4, Best Practice Forecasting

Contains a set of recommendations and an assessment tool to improve forecasting practice. As forecasting is seen as a consistent area of weakness, this IR serves as a primer for effective forecasting.
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

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