how and why projects are monitored Flashcards
what is project monitoring?
it involves tracking a project’s metrics, progress, and associated tasks to ensure everything is completed in time, on budget, and according to project requirements and standards.
why is it important to monitor?
helps you plan and schedule things properly.
can easily keep track of documents and avoid complications.
reporting and evaluation become very easy with these tools.
what are the tools for monitoring a project?
network diagrams
CPA
Gantt charts
PERT charts
what are the 5 steps for monitoring project progress?
plan out the project
set clear goals for the project
create a steady check-in schedule
record and analyze data
make changes to goals if necessary
why are projects monitored?
it ensures that tasks are being carried out according to project requirements.
lets the PM make sure important deadlines are met.
provides a thorough perspective on employee workload and capacity.
allows for project changes in case of problems.
offers clear budget tracking.
encourages accountability from team members and stakeholders.