50 Ch 04 Track 07 Monitor and Control Project Work

Apuntes

• Subtopic: Monitoring and Controlling Project Work Monitor and control project work proceeds from project initiation through closing. It involves observing project activities and their results, then comparing the actual performance with the forecasted performance and what was planned. This process includes aggregating work data from various project management processes to evaluate how results impact plans and baselines. It also involves monitoring any performance requirements included in the project management plan. For example, scope may be completed, but quality might not be acceptable; the schedule could be met, but at an excessive cost. This process encourages a holistic view of project performance and enables the project manager to take appropriate actions to keep the project on track. It includes activities such as analyzing and tracking risks, performing quality control activities, and assessing possible outcomes across the project using data analysis techniques. These techniques include alternatives, cost-benefit analysis, earned value management, root cause analysis, trend analysis, and variance analysis. Reviewing changes and corrective actions is also essential to det...