Page 136 - DMGT302_FUNDAMENTALS_OF_PROJECT_MANAGEMENT

Anand Thakur, Lovely Professional University Unit 8: Monitoring and Controlling

Unit 8: Monitoring and Controlling Notes

CONTENTS
Objectives
Introduction
8.1 Plan Monitor Control Cycle

8.2 Designing the Monitoring System
8.3 Data Collection and Reporting
8.4 Data Collection and Reporting Phases
8.5 Project Control
8.6 Management of Data Collection and Reporting
8.6.1 Standard for creating an Infrastructure to Manage Data Collection Activities

8.6.2 Standard for justifying Data Collection Activities
8.7 Reporting and Dissemination of Data
8.8 Project Control
8.8.1 Importance of Project Controls
8.8.2 What Project Control Really means?

8.8.3 Objective of Project Control
8.9 Characteristics of Project Control System
8.10 Project Review Meetings
8.11 Summary
8.12 Keywords
8.13 Review Questions
8.14 Further Readings

Objectives

After studying this unit, you will be able to:
Know about planning monitor cycle;

Understand data collection and reporting;
Know about project control.
Introduction

Project monitoring and control are, in some ways, simply the opposite sides of project selection
and planning. The bases for selection as described dictate what to monitor and the details of
planning identify the elements to be controlled. Monitoring is the collection, recording, and
reporting of project information that is of importance to the project manager and other relevant
stakeholders. Control uses the monitored data and information to bring actual performance
into agreement with the plan. Clearly, the need to exert proper control mandates the need to

LOVELY PROFESSIONAL UNIVERSITY 131