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Project performance is measured by comparing the project execution to the performance measurement baseline, which is an approved integrated plan for scope, schedule, and cost for the project, as explained here:

• Cost baseline - This is the planned budget for the project over a time period, used as a basis against which to measure, monitor, and control the cost performance of the project. The cost performance is measured by comparing the actual cost to the planned cost over a time period.

• Schedule baseline - This is a specific version of the project schedule developed from the schedule network analysis and the schedule model data. This is the approved version of the schedule with a start date and an end date, and it is used as a basis against which the project schedule performance is measured.

• Scope baseline - This is the approved project scope that includes the approved project scope statement, the WBS based on the approved project scope statement, and the corresponding WBS dictionary.

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What is the difference between Project Monitoring and Project Control?

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Steps in project monitoring and controlling a project?

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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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Work performance data can be effectively utilized in project management by analyzing it to identify trends, patterns, and areas for improvement. This information can help project managers make informed decisions, allocate resources efficiently, and address any issues that may arise during the project. By using work performance data in this way, project outcomes can be enhanced through better planning, monitoring, and control of project activities.


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Related Questions

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


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Project tracking involves keeping tabs on the progress of various project tasks, such as timelines and budgets, whereas project monitoring involves analyzing this data to assess performance and make adjustments as needed. It is correct to say that project monitoring includes project tracking as a component, as tracking is necessary to gather the data needed for monitoring.


Steps in project monitoring and controlling a project?

1. Setting performance standards 2. Observing performance 3. Comparing actual and planned performance 4. Taking action to correct deviations from the plan


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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