| Execution and Control Work - Execution and Control id 120 created 2008-06-19 modified 2009-03-30 During the Execution and Control Process the work defined in the Project Management Plan is completed. The Project Manager directs and manages the project execution making sure that the necessary quality level is attained. In this process the Project Manager: Steps This work unit is decomposed into the following Work units, Events and Decisions Objects This Work uses or produces the following Objects Project Management Plan The Project Management Plan is a document that defines how the project is executed and controlledThe Project Management Plan includes:
- Scope Management
- Schedule Management
- Cost Management
- Quality Management
- Resources Management
- Procurement Management
- Risk Management
- Communications Management
The Project Management Plan is subject to approval by the Project Sponsor. You can download a template here See the wikipedia Project Management Plan article
Change Request Change Request is the request to change or modify the project management plan. The Change Request can affect: - Scope
- Schedule
- Quality
- Procurement
- Resources
- Risk
- Communications
All the changes are subject to approval by the Project Sponsor and be registered by the Project Manager
You can download a template of Change Request and Change Register here
See the wikipedia Change Request article
Corrective Actions Corrective actions are actions to bring expected future project performance into conformance with the Project Management Plan. See the wikipedia Corrective Actions article
Deliverables Deliverables are the products, services and/or results that produce the project. Deliverables are defined in the Project Management Plan and are outputs of Execution and Control phase The deliverables are subject to approval by the Project Sponsor. See the wikipedia Deliverables article
Project State Report The Project State Report is a report that includes status of deliverables, implementation status for change requests, corrective actions, preventive actions, work completed, risks, Schedule Performance Index, Cost Performance Index, and start and finish dates of sheduled activities. The Project Manager elaborates the Project State Report to be sent to the Project Sponsor You can download a template here
Preventive Actions Preventive Actions are actions taken to reduce the probability of project risks materializing. See the wikipedia Preventive Actions article
Indicators This Work is measured by the following Indicators Cost Performance Index Cost Performance Index (CPI) is a measure of cost efficiency on a project CPI is favorable when it is greater than one. CPI is a ratio of Earned Value Management CPI=EV/AC 
EV is the Earned Value and AC are the Actual Costs You can download a template to calculate this indicator here
See the wikipedia Earned Value Management article for more information.
Schedule Performance Index Schedule Performance Index (SPI) is a measure of schedule efficiency on a project SPI is favorable when it is greater than one. SPI is a ratio of Earned Value Management SPI=EV/PV
EV is the Earned Value and PV is the Planned Value You can download a template to calculate this indicator here
See the wikipedia Earned Value Management article for more information.
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