Project Controls Plan Sample Clauses

The Project Controls Plan clause establishes the requirement for a formal plan outlining the processes and procedures for monitoring, managing, and reporting on a project's progress, costs, schedule, and quality. Typically, this clause mandates that the contractor or project manager develop and maintain a comprehensive document detailing how project performance will be tracked, what tools or software will be used, and how deviations from the plan will be addressed. Its core function is to ensure transparency and accountability throughout the project lifecycle, enabling proactive management and minimizing the risk of delays or cost overruns.
Project Controls Plan. Contractor shall produce a detailed Project controls plan (“Project Controls Plan”) for review by Owner within sixty (60) Days after Notice to Proceed. Owner will provide comments within ten (10) Business Days. The Project Controls Plan shall detail the procedures to be used by Contractor to maintain the scheduling, control, progress, Change Order control, and reporting of all activities required to ensure that Substantial Completion of each Subproject is achieved by the Guaranteed Substantial Completion Date of such Subproject.
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Project Controls Plan. Contractor shall produce a detailed Project controls plan (“Project Controls Plan”) for review by Owner 60 days after NTP. Owner will provide comments within ten (10)
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Project Controls Plan. The PM will be responsible for facilitating and coordinating input from all members of the team to develop the Project Controls Plan, which will include; • Delegation of Authority Guidelines for Project Controls Decision Making • Compliance, Revision Control processes • Organization of the Project Controls staff (tied to PM overall organization chart) PCP will cover functional applications of project controls including; • Project planning for project controls (scope and execution strategy) • Account development • Master (P6) schedule and cost planning (WBS structure) • Schedule Controls Plan • Cost Control plan • Cost estimating/budgeting procedures • Resource planning • Document Controls Plan Other Functional Applications will address performance assessment, forecasting (including EVM – Earned Value Management if required on longer term construction segments) and Change Management. The PCP will also discuss PMIS/document control systems and data integrity (backup and file transfer), communications unique to Project Controls functions (reporting types and frequencies) and the list of deliverables. Implementation processes shall be developed for review and validation, training and audits. • Schedule Controls Plan: Provide a Schedule Control Plan to describe and detail approach to developing the master schedule and using it in a disciplined process for schedule control, risk analysis for timelines and impacts due to changes and schedule reporting. Explain methodology establishing computerized critical path method (CPM) master schedule that combines all work activities with resources needed to complete the program. Utilize the Primavera P6 scheduling software that ties with a standard required for most construction contractors. Tie Activities to a WBS (work breakdown structure) and then produce reports on related functions by Activity Codes. • Cost Control Plan: Provide a Cost Control Plan to include development and discussion of cost reporting system providing budget analyses, forecasts, and financial records for the program as well how these elements tie to cost estimating software. Identify and quantify cost trends from dynamic market factors or resulting from design or field changes (if provided) and plan for them in the cost-to-complete forecast using EVM in this methodology. Describe integrated approach in controlling field change requests by routinely assisting PM’s CM team in review of contractor submitted estimates for Change Orders, aid in the negot...
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Related to Project Controls Plan

  • Disclosure Controls and Procedures The Company maintains effective “disclosure controls and procedures” (as defined under Rule 13a-15(e) under the Exchange Act to the extent required by such rule).

  • Internal Controls and Procedures The Company has established and maintains disclosure controls and procedures and internal control over financial reporting (as such terms are defined in paragraphs (e) and (f), respectively, of Rule 13a-15 under the Exchange Act) as required by Rule 13a-15 under the Exchange Act. The Company’s disclosure controls and procedures are reasonably designed to ensure that all material information required to be disclosed by the Company in the reports that it files or furnishes under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC, and that all such material information is accumulated and communicated to the Company’s management as appropriate to allow timely decisions regarding required disclosure and to make the certifications required pursuant to Sections 302 and 906 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 (the “▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act”). The Company’s management has completed an assessment of the effectiveness of the Company’s internal controls over financial reporting in compliance with the requirements of Section 404 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act for the year ended December 31, 2010 and such assessment concluded that such controls were effective. Based on its most recent evaluation of internal controls over financial reporting prior to the date hereof, management of the Company has disclosed to the Company’s auditors and the audit committee of the Company Board (i) any significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting that are reasonably likely to adversely affect in any material respect the Company’s ability to report financial information and (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in the Company’s internal control over financial reporting, and each such deficiency, weakness and fraud so disclosed to auditors, if any, has been disclosed to Parent prior to the date hereof.

  • Controls and Integration The existing RTU is sufficient for the scope of this project. Spare I/O points will be used to accommodate the additions required.

  • Controls and Procedures 11.1. The Company has implemented controls and procedures that are reasonably designed to ensure compliance with applicable laws and regulations, as well as the terms of this Agreement. Without limiting the foregoing, these controls and procedures are reasonably designed to ensure, and MFD or a Trust may request certifications on an annual basis with respect to, each of the following: (a) Orders for Shares received by the Company for each Portfolio comply with the Portfolio’s restrictions with respect to purchases, transfers, redemptions and exchanges as set forth in each Portfolio’s prospectus and statement of additional information; (b) Orders for Shares received by the Company prior to the Portfolio’s pricing time set forth in its prospectus (e.g., the close of the New York Stock Exchange – normally 4:00 p.m. Eastern time) are segregated from those received by the Company at or after such time, and are properly transmitted to the Portfolios (or their agents) for execution at the current day’s net asset value (“NAV”); and orders received by the Company at or after such time are properly transmitted to the Portfolios (or their agents) for execution at the next day’s NAV; (c) Late trading in Shares by Policy holders is identified and prevented and market timing is appropriately addressed; (d) Compliance with applicable state securities laws, including without limitation “blue sky” laws and related rules and regulations; (e) Compliance with all applicable federal, state and foreign laws, rules and regulations regarding the detection and prevention of money laundering activity; and (f) Effective business continuity and disaster recovery systems with respect to the services contemplated by the Agreement.

  • Accounting Controls and Disclosure Controls The Company and each of its subsidiaries maintain effective internal control over financial reporting (as defined under Rule 13-a15 and 15d-15 under the 1934 Act Regulations) and a system of internal accounting controls sufficient to provide reasonable assurances that (A) transactions are executed in accordance with management’s general or specific authorization; (B) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain accountability for assets; (C) access to assets is permitted only in accordance with management’s general or specific authorization; (D) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences; and (E) the interactive data in eXtensible Business Reporting Language incorporated by reference in the Registration Statement, the General Disclosure Package and the Prospectus fairly presents the information called for in all material respects and is prepared in accordance with the Commission’s rules and guidelines applicable thereto. Except as described in the Registration Statement, the General Disclosure Package and the Prospectus, since the end of the Company’s most recent audited fiscal year, there has been (1) no material weakness in the Company’s internal control over financial reporting (whether or not remediated) and (2) no change in the Company’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting. The Company and each of its subsidiaries maintain an effective system of disclosure controls and procedures (as defined in Rule 13a-15 and Rule 15d-15 under the 1934 Act Regulations) that are designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the 1934 Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms, and is accumulated and communicated to the Company’s management, including its principal executive officer or officers and principal financial officer or officers, as appropriate, to allow timely decisions regarding disclosure.