What is monitoring and control in project management?
The Monitoring and Controlling process oversees all the tasks and metrics necessary to ensure that the approved and authorized project is within scope, on time, and on budget so that the project proceeds with minimal risk. Monitoring and Controlling process is continuously performed throughout the life of the project.
Project Control Engineers develop, implement and maintain cost controls on a project, and provide centralized planning and scheduling on many projects. Project Control Engineers are employed in many different industries, including and manufacturing and construction, and their specific duties vary based on the industry.
- Project controls are the data gathering, management and analytical processes used to predict, understand and constructively influence the time and cost outcomes of a project or program; through the communication of information in formats that assist effective management and decision making.
- Monitoring mechanisms correspond to the approaches and techniques utilized to actually perform the monitoring job, such that monitoring is a process within a business process for collecting and storing state data to ensure that the process is actually running in accordance to the planned objectives and complying with
- Monitoring and Evaluation (M&E) is a process that helps improve performance and achieve results. Its goal is to improve current and future management of outputs, outcomes and impact.
In project management there are three baselines – schedule baseline, cost baseline and scope baseline. The combination of all three baselines is referred to as the performance measurement baseline. A baseline is a fixed schedule, which represents the standard that is used to measure the performance of the project.
- The project schedule is the tool that communicates what work needs to be performed, which resources of the organization will perform the work and the timeframes in which that work needs to be performed.
- A schedule baseline (sometimes referred to as a target baseline) is the original approved project schedule, which is agreed by project stakeholders before the project starts. It is a fixed measure which is used as a planning yard mark against which the progress on the actual project schedule can be measured.
- It refers to the validation of documents and specifications on which test cases would be designed. The requirement specification validation is baseline testing. Generally a baseline is defined as a line that forms the base for any construction or for measurement, comparisons or calculations.
Realistic Project Planning. Project management is important because it ensures proper expectations are set around what can be delivered, by when, and for how much. Effective project managers should be able to negotiate reasonable and achievable deadlines and milestones across stakeholders, teams, and management.
- IT project management is the process of planning, organizing and delineating responsibility for the completion of an organizations' specific information technology (IT) goals.
- Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time. This information is usually described in project documentation, created at the beginning of the development process.
- The project analyst provides critical data support to a technical team. Research and analysis functions may include budget tracking and financial forecasting, project evaluation and monitoring, maintaining compliance with corporate and public regulations, and performing any data analysis relevant to project tasks.
Updated: 30th September 2018