Process Group - Monitoring & Controlling Flashcards
PM’s responsibility during Monitoring & Controlling Process Group
Continuously monitor the work being completed.
Key Benefit of Monitoring & Controlling Process Group
Project performance is measured and analyzed at regular intervals, appropriate events, or when exception conditions occur in order to identify and correct variances from the PM plan
Description of Monitoring & Controlling Process Group
Process(es) required to track, review and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes.
Number of processes in Monitoring & Controlling Process Group
12
Monitoring & Controlling Process Group consists of…
Track, review, and regulate the progress and performance of the project;
Identify any areas where changes to the plan are required;
Initiate those changes;
Monitoring involves…
Collecting performance data;
Producing performance measures;
Reporting and disseminating performance information to the appropriate stakeholders;
Controlling involves…
Comparing actual performance with the planned performance;
Analyzing variances between them;
Evaluating possible alternatives;
Recommending appropriate changes to get the project back on track;
Monitoring & Controlling Process Groups
Control Costs; Monitor & Control Project Work; Control Procurements; Monitor Stakeholder Engagement; Monitor Communications; Control Scope; Control Quality; Perform Integrated Change Control; Validate Scope; Monitor Risks; Control Schedule; Control Resources;