Project Controlling

Studienarbeit aus dem Jahr 2009 im Fachbereich BWL - Controlling, , Sprache: Deutsch, Abstract: There is only one common statement concerning all projects: they never go as planned! Projects are accomplished to introduce an advantageous change in any kind of field. These fields can range from construction, research, policy to even private areas like a wedding. However, no matter in which field the project takes place it cannot take all variables, risks and possible changes into consideration. But, while accomplishing a project, it is very important to its success, to identify and analyze divergences and their causes in time to act effectively against it. Nevertheless, it also has to be mentioned that variances of plans do not merely have negative aspects; they are often catalysts or triggers for valuable learning processes. Although the word controlling sounds like control with a bitter aftertaste, project controlling goes far beyond this. It is a continuing process which accompanies, manages and monitors a project during its total term. Project controlling establishes corrective actions which base on the running analyses. It is also involved in the final decision of an abandonment of a project or its acceleration. To cut a long story short, project controlling is responsible for keeping the project on the right track and to achieve the objectives of the project. In addition, the following quotation suits perfectly to project controlling: 'If you don't know where you are going, you're probably not going to get there' (Forrest Gump)