Project controls are important. They help you keep track of project costs and schedule. A good project controls system will help the project manage its costs and schedule, preferably part of a project management tool. It should be easy to use and automate as much of project controls as possible.
Make sure your company has a good system for storing and listing past projects. It must be easy to use and be available to all staff. It must also provide all the key information that future projects need.
It is best to have a single source of data in your storage system for all information on a project. It should be easy to use, accessible to all staff, and remove the need for storing documents or information all over the place.
Ensure your company and your project have good, easy to use verification systems (Quality Assurance) in place to ensure that your project delivers to the quality expected by your company and by the client.
Automate as many project management tasks as possible, especially reporting related tasks. A good database driven system is essential for this, especially one of the many online or self hosted project management software tools.