Project Controlling

Project Controlling is the ongoing planning, monitoring and steering of projects based on objectives, costs, deadlines, resources, quality and risks. It creates transparency as to whether a project is staying within the planned framework and which deviations need to be corrected at an early stage. Project Controlling thus supports not only project management but also management decisions on priorities, budgets and expected benefits.

Typical tasks in Project Controlling include budget planning, recording actual costs, forecasting, milestone tracking, resource analysis and risk assessment. It is crucial that financial and operational information is brought together. In IT projects in particular, costs often arise from internal effort, external service providers, licenses, infrastructure or cloud resources. For reliable financial steering, IT Budget Planning and Forecasting is an important point of reference.

Project Controlling differs from pure reporting because it does not only provide retrospective information but actively delivers steering impulses. If costs, deadlines or scope deviate from the plan, it shows options for action and makes the effects transparent. In conjunction with IT Financial Management, project costs can be placed in a broader context of budget, service costs and value contribution. Measurable Key Performance Indicators help to assess progress, efficiency and goal achievement consistently.

See also: Service Level Management.