The control of investment projects: types of control, the stages of the process, control systems

Abstract

The execution of any investment project is under the pressure of two factors: time and cost. For managers, but also for the other factors involved in the project, respecting the periods for execution and the consumption of resources: human, material, financial, technical etc. is a permanent preoccupation during execution. But for this they need adequate tools and techniques, both for the correct dimensions of the time and resource parameters and for later monitoring and control on site.

In these circumstances, a problem that project management faces is finding those methods that would allow dimensioning and controlling the balance between expenses and incomes.