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2 management - School of International Business and ...

2 management - School of International Business and ...

2 management - School of International Business and ...

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223 Project Management<br />

The project manager is responsible for project monitoring <strong>and</strong> control. He is supported by his proj-<br />

ect segment managers. Robust planning is always a prerequisite for monitoring <strong>and</strong> controlling<br />

a project. An actual-to-plan comparison cannot be carried out if there are no plan values (target<br />

data). Project planning is never a goal in itself, but rather an unavoidable basis for controlling a<br />

project. One carries out control <strong>and</strong> monitoring on the basis <strong>of</strong> a realistic plan in order to ensure<br />

that a project deals within the framework <strong>of</strong> the planned tasks (see the project contract), <strong>and</strong> that<br />

it can be successfully completed. The monitoring <strong>and</strong> control activities are tied into a so-called<br />

project <strong>management</strong> cycle with project planning <strong>and</strong> project implementation. Fig. 30 shows the<br />

mutual influences <strong>and</strong> interdependencies.<br />

The following cycle is run:<br />

– Project planning delivers plan values for project implementation.<br />

– The actual values are captured over the project's progress, <strong>and</strong> compared with plan valu-<br />

es in the context <strong>of</strong> project monitoring.<br />

– If deviations from the plan values are discovered in the context <strong>of</strong> project control, measu-<br />

res are taken in project implementation in order to counteract these deviations.<br />

– If necessary, the deviations which have been discovered are considered on the project<br />

planning level <strong>and</strong> worked into the plan values, which are then updated.<br />

The monitoring <strong>and</strong> control activities are carried out by the project manager, the project segment<br />

managers <strong>and</strong> the team members, in order to counteract deviations from the plans.<br />

Figure 29 | The project <strong>management</strong> cycle

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