Role of the project controller
What are the roles of a Project Controller?
The Project Controller is a key member of the project team. Project Controller works directly with the project manager to help define the project’s goals and objectives. Project controller help to create and maintain a project’s budget and schedule baselines. Analyse actual schedule progress against the schedule baseline. Monitors the actual expenses against the budgets. They recommend corrective and preventive actions to control schedule and cost performance.
Here is the detailed list of actions performed by the project controller
- Project controllers control resources required to deliver the product of the project within agreed upon time and cost.
- Supports the project manager with progress reporting including;
- Schedule updates
- Forecast to complete
- Variance identification and opportunities for improvement.
- They manage the project cost control team including cost engineers, planners.
- Provide project controls management, including;
- Baseline schedule development and management
- Performance status and reporting
- Baseline change control
- Guidance on risk management, earned value management and tools.
- Advice and consult on the application of effective planning techniques and controls;
- Earned value
- Cost and schedule variance
- Estimates at completion
- Critical path analysis
- Support and advise on the definition of;
- Project Controls and Earned Value Management policies
- Procedures and the standards required to deliver projects.
- Support the development of integrated master schedules for specific programs that reflect;
- All interface milestones and activity durations from multiple contractors’ schedules
- Feed changes to the integrated master schedule.
- Monitor and control program compliance in respect of the projects contractual obligations.
- Ensuring the Project controls team produce weekly / monthly reports in line with the project and company reporting calendar.
- Providing details on progress, actuals, forecast and explanation of variances.
- Ensure that project controls processes are consistently applied across the project.
- Support and advise on the definition of Project Controls and Earned Value Management policies, procedures and the standards required.
- Work closely with the Project Manager to maximize the potential of the project.
What are the competencies required by a Project Controller?
- Effective communication within team and with other stakeholders
- Experience in the implementation of Earned Value Management based Project Control systems, in accordance with relevant national standards
- Hands on ability to utilize critical project management concepts like;
- Project planning
- Earned Value Management
- Risk analysis
- Configuration management etc