A successful approach to project controls system needs to define the processes for:
- Thorough planning;
- Timely baseline establishment and control;
- Information broken down by product as well as by organization or function;
- Objective measures of progress and performance against the plan at levels where the work is being performed;
- Consistent reporting to higher management for use in decision–making;
- Analysis of significant variances; and,
- The implementation of management actions to mitigate risk and manage cost and schedule performance.
These, like the 5 Immutable Project Management Principles, Risk Management, and the Nine Best Practices of Software Project Management, form the basis of a CREDIBLE process to increase the probability of program success.
