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Project Controller

Project controllers are responsible for overseeing the financial and operational aspects of projects. They work closely with project managers to ensure that projects are completed on time, within budget, and to the required quality standards. Project controllers use a variety of tools and techniques to track project progress, identify risks, and develop mitigation plans. They also prepare financial reports and forecasts, and provide input on project planning and decision-making.

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Project controllers are responsible for overseeing the financial and operational aspects of projects. They work closely with project managers to ensure that projects are completed on time, within budget, and to the required quality standards. Project controllers use a variety of tools and techniques to track project progress, identify risks, and develop mitigation plans. They also prepare financial reports and forecasts, and provide input on project planning and decision-making.

Skills and Knowledge

Project controllers typically have a bachelor's degree in accounting or finance, and many also have a master's degree in business administration (MBA). They should have strong analytical and problem-solving skills, and be able to work effectively in a team environment. Project controllers should also be proficient in the use of project management software, such as Microsoft Project and Primavera.

Day-to-Day Responsibilities

The day-to-day responsibilities of a project controller may include:

  • Tracking project progress and identifying risks
  • Developing and implementing mitigation plans
  • Preparing financial reports and forecasts
  • Providing input on project planning and decision-making
  • Working with project managers to ensure that projects are completed on time, within budget, and to the required quality standards

Career Growth

With experience, project controllers can advance to more senior positions, such as project manager or director of project management. They may also choose to specialize in a particular industry, such as construction, healthcare, or information technology.

Challenges

Project controllers face a number of challenges, including:

  • The need to manage multiple projects simultaneously
  • The need to work under tight deadlines
  • The need to deal with unexpected events
  • The need to work with a variety of stakeholders

Personal Growth Opportunities

Project controlling offers a number of opportunities for personal growth, including:

  • The opportunity to develop strong analytical and problem-solving skills
  • The opportunity to learn about different industries and business processes
  • The opportunity to work with a variety of people
  • The opportunity to make a positive impact on the success of projects

Personality Traits and Personal Interests

People who are successful in project controlling tend to have the following personality traits and personal interests:

  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • A strong work ethic
  • The ability to work independently
  • An interest in business and finance

Self-Guided Projects

There are a number of self-guided projects that students can complete to better prepare themselves for a career in project controlling. These projects could include:

  • Developing a project plan for a hypothetical project
  • Tracking the progress of a hypothetical project
  • Identifying risks and developing mitigation plans for a hypothetical project
  • Preparing a financial report for a hypothetical project

Online Courses

Online courses can be a great way to learn about project controlling. These courses can provide students with the skills and knowledge they need to succeed in this field. Some of the topics that are typically covered in online project controlling courses include:

  • Project management fundamentals
  • Project budgeting and finance
  • Project risk management
  • Project scheduling
  • Project stakeholder management

Online courses can be a helpful learning tool for students who are interested in a career in project controlling. However, it is important to note that online courses alone are not enough to prepare someone for this career. Students who are serious about pursuing a career in project controlling should also consider completing an internship or apprenticeship in this field.

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Salaries for Project Controller

City
Median
New York
$140,000
San Francisco
$108,000
Seattle
$130,000
See all salaries
City
Median
New York
$140,000
San Francisco
$108,000
Seattle
$130,000
Austin
$125,000
Toronto
$109,000
London
£95,000
Paris
€53,000
Berlin
€78,000
Tel Aviv
₪473,000
Singapore
S$87,000
Beijing
¥225,000
Shanghai
¥167,000
Shenzhen
¥558,000
Bengalaru
₹448,000
Delhi
₹382,000
Bars indicate relevance. All salaries presented are estimates. Completion of this course does not guarantee or imply job placement or career outcomes.

Reading list

We haven't picked any books for this reading list yet.
Offers a comprehensive guide to project time management, covering various aspects including planning, estimating, scheduling, and monitoring. It provides detailed explanations and case studies, making it suitable for both new and experienced project managers.
Comprehensive guide to project management with Primavera P6. It covers all aspects of project management, from planning and scheduling to risk management and quality control.
Collection of best practices for project management with Primavera P6. It covers topics such as project setup, resource management, and reporting.
Specifically targets project managers, providing practical strategies and tools for improving time management skills. It covers topics such as planning, delegation, and managing interruptions, which are essential for effective project time management.
Introduces the Theory of Constraints (TOC), a methodology that focuses on optimizing project flow. It provides insights into how to identify and resolve constraints that impact project timelines, making it suitable for project managers seeking to improve project efficiency.
Provides a comprehensive overview of project time management in French. It covers topics such as planning, scheduling, and controlling project timelines, making it suitable for project managers working in French-speaking environments.
Provides a comprehensive overview of Primavera P6 for risk analysis. It covers all aspects of the software, from planning and scheduling to tracking and controlling.
How-to guide for planning and scheduling projects with Primavera P6. It covers all aspects of project planning, from developing a work breakdown structure to creating a schedule.
Explores agile methodologies and their application in project management. It emphasizes time management techniques within an agile framework, making it suitable for project managers working in agile environments.
While this book focuses on software development projects, its principles and techniques are applicable to project time management in general. It provides practical guidance on estimating project effort and duration, which is crucial for accurate project planning.
Adapts Lean principles from manufacturing to project management. It emphasizes waste reduction and continuous improvement, providing techniques for optimizing project timelines and enhancing project value.
Covers the entire project management process, with a strong emphasis on time management. It provides a framework for understanding the interdependencies between project tasks and resources, enabling project managers to optimize project schedules and improve project outcomes.
While this book has a broad focus on time management, it includes specific chapters on project time management. It offers practical tips and techniques for improving time management skills, which can be beneficial for project managers.
Targets business analysts who play a key role in project time management. It provides an overview of project management fundamentals, including time management techniques and tools, tailored to the needs of business analysts.
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