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Control in project management refers to the systematic process of monitoring project activities to ensure that actual performance aligns with planned objectives and taking corrective actions when deviations occur. It is an essential managerial function that helps a project remain on schedule, within budget, and consistent with defined quality standards. Control is closely linked with planning, as it compares actual results with planned targets and provides feedback for decision-making. Without effective control, even well-planned projects may fail due to unforeseen changes, inefficiencies, or misallocation of resources. The concept of control involves setting performance standards, measuring actual performance, comparing actual results with standards, identifying variances, and initiating corrective actions. In the context of project management, control ensures that project objectives related to scope, time, cost, and quality are achieved efficiently. Control is not a one-time activity but a continuous and dynamic process throughout the project life cycle. It allows project managers to detect problems early, minimize risks, and respond proactively to internal and external changes. Project cost control is a critical aspect of overall project control, as cost overruns can threaten the feasibility and success of a project. Project cost control refers to the process of managing and regulating project expenditures so that the project is completed within the approved budget. It involves estimating costs, _________ _________ ________ ____ ________ _________ ______ ________ ____ ________ ______ _________.
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