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  • Industry: Energy & Natural Resources
  • Date: 3/28/2013

Major Projects Advisory Project Leadership Series: Monitoring Capital Projects and Addressing Signs of Trouble 

Most industry leading practices recognize that the selection and use of a project management controls framework helps to ensure project success and avoid major project issues or failure.
The purpose of a project management controls framework is to put a system of key controls in place alongside an effective reporting system. Consistent use of a project management controls framework allows key performance indicators to be monitored frequently and unfavorable trends to be addressed early on.

In this edition of KPMG’s Major Projects Advisory Project Leadership Series, we provide a Project Controls Framework organized into five main project management processes within which are key project management controls which, if properly implemented, can improve your capital project success.
 

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