Recent interest in networked control systems (NCS) has instigated research in both communication networks and control. Analysis of NCSs has usually been performed from either the network or the control point of view, but not many papers exist where the analysis of both is done in the same context. In this paper an overall analysis of the networked control system is presented. First, the procedure of obtaining the upper bound delay value for packet transmission in the switched Ethernet network is presented. Next, the obtained delay estimate is utilised in delay compensation for improving the Quality of Performance (QoP) of the control systems. The presented upper bound delay algorithm applies ideas from network calculus theory. For the improvement of QoP, two delay compensation strategies, the Smith predictor based and the robust control based delay compensation strategies, are presented and compared.