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It is the only way to ensure that work plan estimates are on track and that early intervention can take place. -Apex

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Alexandria

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Q: Why is the monitoring and controlling phase extremely important to the success of the project?
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What is the difference between project scheduling and project controlling?

The 2 have nothing in common. Project Scheduling is done in the Project Planning phase, Project Controlling and Monitoring is project life cycle phase.


Which statements most accurately explain the activity and relative duration of the Monitoring and Controlling process group?

The Monitoring and Controlling processes take place throughout the project lifecycle The Monitoring and Controlling process group shows the most activity in the middle of the project lifecycle, when the Executing process group activities are approaching their peak


What is the relationship between monitoring and controlling process group and project integration management?

According to the PMBOK, there are two processes in the Project Integration Management Knowledge Area that fall in the Monitoring & Controlling phase.They are:Monitor & Control Project WorkPerform Integrated Change Control


What is the difference between Project Monitoring and Project Control?

Monitoring - collecting, recording, and reporting information concerning project performance that project manger and others wish to know Controlling - uses data from monitor activity to bring actual performance to planned performance


What are the 5 phases in projects management?

The five phases of project management are: a. Initiating a project b. Planning the project c. Executing the Project d. Monitoring & Controlling the project e. Closing the project


What are the five components of a charter?

The five components of a charter are project initiation stage, project planning and design stage, project execution and construction stage, project monitoring and controlling systems, and project completion.


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to trigger monitoring and controlling process To trigger the invoicing of clients To initiate the closing of a project or phase


Techniques for cost reduction and area of cost control?

Controlling cost means monitoring and controlling updates and changes to costs, budget, and the cost baseline of the project. Monitoring and controlling costs has two dimensions to it: expenditure of project funds and the work performed as a result of those expenditures. One major aspect of cost monitoring and controlling is to determine the relationship between the expenditures and the accomplishments. The cost performance depends on this relationship. The other main aspect is to control the changes to the approved cost performance baseline


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What do you think is the main benefit of the Monitoring and Controlling process group?

Continually measuring actual project performance against planned performance lets you know when your project is in danger of not meeting its objectives


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project monitoring is important because it will be helpful for planner to know that the project is going on a right path according to our goals or not ,if there is any problem then it could be sort out on the spot and the time and resources could be saved.


What is project planning and project controlling?

First comes the planning and then comes controlling. Following list is not comprehensive and in no order. Planning Phases: - Task Scheduling - Identifiying resources required - defining timelines / deadlines Controlling phases: - Monitoring progress - Managing project risks - adding more resources if required - revisiting planning phase to align it with ground realities at the moment. etc etc.