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Project control is that element of a project that keeps it on track, on time, and within budget. [41] Project control begins early in the project with planning and ends late in the project with post-implementation review, having a thorough involvement of each step in the process. Projects may be audited or reviewed while the project is in progress.
COBIT (Control Objectives for Information and Related Technologies) is a framework created by ISACA for information technology (IT) management and IT governance. [1]The framework is business focused and defines a set of generic processes for the management of IT, with each process defined together with process inputs and outputs, key process-activities, process objectives, performance measures ...
Traditional project management is defined as an approach which assesses the project through five process groups: initiation, planning, execution, monitoring and completion. [7] The main characteristics of a traditional project management are: Few scope change requests; Well-understood technology infrastructure; Low risk
Control may be grouped according to three general classifications: [3] the nature of the information flow designed into the system (open- or closed-loop control) the kind of components included in the design (man or machine control systems) the relationship of control to the decision process (organizational or operational control).
The five components of COSO can be visualized as the horizontal layers of a three-dimensional cube, with the COBIT objective domains applying to each individually and in aggregate. The four COBIT major domains are: plan and organize, acquire and implement, deliver and support, and monitor and evaluate.
A control chart can be useful during the Control stage to assess the stability of the improvements over time by 1. serving as a guide to continue monitoring the process and 2. providing a response plan for each of the measures being monitored in case the process becomes unstable. Standard operating procedures (SOP's) and Standard work
In project management it is a method comparable to PRINCE2 and describes methods for project management as well as methods for system development. The V-model, while rigid in process, can be very flexible in application, especially as it pertains to the scope outside of the realm of the System Development Lifecycle normal parameters.
Configuration control and configuration-status accounting; Naming conventions; Audits and reviews; Subcontractor/vendor CM requirements; Configuration Identification (CI): consists of setting and maintaining baselines, which define the system or subsystem architecture, components, and any developments at any point in time.