This document summarizes some of the key challenges faced in project controls. It begins with an introduction to the speaker, Jim Malkin, and his background. The main body then discusses common issues seen with scope, cost, schedule, risk, and quality management. For each area, it provides brief examples of challenges experienced in practice, such as differences in expectations around scope between the customer and project team, lack of project manager input into budgets, unexpected start dates, and failure to see risks outside of the initial project bid.