Page 167 - DMGT302_FUNDAMENTALS_OF_PROJECT_MANAGEMENT

Fundamentals of Project Management

Notes The meaning of control that is important to project managers is the one implying the use
of information; comparing progress to plan so that action can be taken to correct for
deviations from plan.
The only way a project is really in control is if all team members are in control of their
own work.

A Post-implementation Review (PIR) is an assessment of the overall success of the project.
The PIR is conducted by closely reviewing the project’s performance against the original
plans, and conformance against the project management processes defined for the project.

The purpose of the PIR is not only to assess the project’s level of success but also to identify
lessons learnt and make recommendations for future projects to enhance their likelihood
of success.

9.8 Keywords

Analytic Approach: Breaking problems into their constituent parts to understand the parts
better and thereby solve the problem.

Audit: Audit is a review process. It is basically an internal audit of the propriety type in which
the appropriateness of any action and decision linked in the objective is checked
Benefit-Cost: A ratio to evaluate a proposed course of action.

PIR: A post-implementation review (PIR) is an assessment of the overall success of the project.
Project Closure: A project closure report is a document which formalizes the closure of a project.
It provides confirmation that the criteria for customer acceptance have been met and requests
sign-off from the project sponsor to close the project.

9.9 Review Questions

1. Explain the need of project evaluation.
2. What is post audit and what are its objectives?

3. Why controlling is important in project management?
4. Why should a project have a regular reporting period?
5. Describe, in your own words, what is meant by the project control process? Give an
example of its use.
6. Describe, in brief, the project completion.
7. Explain, in brief, project termination.
8. What are the benefits of audit and review?

Answers: Self Assessment

1. Performance 2. Competitor
3. Audit 4. Financial
5. Psychological 6. Control
7. True 8. True
9. False 10. False

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