Interview Questions - Project Management

Question 1

How do you monitor projects whether it is going on track?

Answer 1

After I completed the initial project planning, I take a baseline. I use this baseline to compare the progress of the project and actual values against the baseline. Each week or in every two weeks, I forecast the duration and cost of remaining project activities with my team to determine whether the negotiated deadline and budget will be met. I use Microsoft Excel to keep track of the issue log. I assign an open issue to a project resource or any external resource in project issue log. I set a deadline for the issue and I follow the issue until it is resolved. I use Microsoft Project for creating a project plan. When I am using Microsoft Project, I compare the actual values of the tasks with the baseline values. This helps me to see whether a task is on track, behind schedule or ahead of schedule. I report these tasks to the assignees each week or more frequently if they are urgent.