The Program Controlling Phase of the program life cycle includes the following tasks:
- Analyze variances and trends in costs, schedule, quality, and risks by comparing actual and forecast to planned values in order to identify corrective actions or opportunities.
- Update program plans by incorporating corrective actions to ensure program resources are employed effectively in order to meet program objectives.
- Manage program level issues (for example, human resource management, financial, technology, scheduling) by identifying and selecting a course of action consistent with program scope, constraints, and objectives in order to achieve program benefits.
- Manage changes in accordance with the change management plan in order to control scope, quality, schedule, cost, contracts, risks, and rewards.
- Conduct impact assessments for program changes and recommend decisions in order to obtain approval in accordance with the governance model.
- Manage risk in accordance with the risk management plan in order to ensure benefits realization.
To learn the Portfolio Controlling you need:
- Read Section 7.2 ‘Program Activities and Integration Management’ and Section 8.2 ‘Program Delivery Phase Activities’ of the Standard for Program Management, 4th Edition. In section 8.2, especially pay attention to 8.2.1, 8.2.6, and 8.2.8-8.2.10.
- Watch the videos:
3. Test your knowledge to complete the Controlling Stage study.
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