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Presentation 7

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Amrit Sapkota
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9 views9 pages

Presentation 7

Uploaded by

Amrit Sapkota
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Monitor

and
Control
Project
In this session, we will
explore the critical
process of project
monitoring and control
and its significance in
achieving project
success.
Project Monitoring and
Control
• The process of tracking project progress, identifying deviations, and
taking corrective actions to ensure project objectives are met.
Key Components of Project
Monitoring and Control
1. Performance Metrics:-
• Identify and define key performance indicators (KPIs)
aligned with project objectives.
• Metrics may include cost performance, schedule adherence,
quality metrics, and scope progress.
2. Project Baseline:-
• Establish a baseline at the beginning of the project, serving
as a reference for measuring progress and performance.
3. Risk Management:-
• Continuously assess and manage risks throughout the
project lifecycle.
Importance of Project
Control
1. Scope Control:-
• Monitor project scope to prevent scope creep and ensure
project stays on track.
• Address changes through a formal change control process.
2. Cost Control:-
• Monitor project expenses and compare them against the
budget.
• Implement cost-saving measures when necessary.
3. Schedule Control:-
• Track project activities to ensure they are completed on time.
• Adjust schedules and resources to address delays.
Tools and Techniques for
Project Monitoring and
Control
1. Gantt Charts:
• Use Gantt charts to visualize project schedules and progress.
2. Earned Value Management (EVM):
• EVM helps analyze project performance by integrating cost, schedule,
and scope metrics.
3. Project Management Software:
• Utilize software to track tasks, timelines, and resource
allocation.
4. Status Meetings:
• Regularly conduct status meetings to review progress, discuss
challenges, and identify corrective actions.
Benefits of Effective Project
Monitoring and Control:
• Minimizes project risks and uncertainties.
• Improves decision-making through real-time data analysis.
• Ensures project alignment with organizational objectives.
Integrated Changes Control
• A systematic approach to managing
proposed changes to the project's scope,
schedule, and resources.
• Emphasize the need to maintain project
stability while accommodating necessary
changes.
Benefits of Integrated
Changes Control:
1. Scope Management:
• Prevents scope creep and ensures project stays focused on defined
objectives.
2. Risk Mitigation:
• Minimizes the risk of unauthorized changes and their adverse effects
on project outcomes.
3. Improved Decision-making:
• By evaluating changes comprehensively, the project team can make
informed decisions based on their potential impact.
Conclusion:
• Integrated change control is essential for
maintaining project stability while
accommodating necessary modifications.
• By following a systematic process and
involving key stakeholders, projects can
adapt to changes without compromising
their objectives.

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