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DOCUMENT DESCRIPTION

Fin-wiser Advisory's PM templates address the needs of each phase of your project, across each project management discipline. These economical tools have been developed, tested and proven in the program management of projects ranging from small to large value. These templates are now made available to promote excellent project management practices across the industry.

Your time is very precious to spend hours surfing the Internet or building your own project management documents from scratch. With the power of our PM Suite, you'll get professional, high-quality results at a fraction of the time and very reasonable cost.

PHASE 4: Monitoring
This phase is about measuring project progression and performance and ensuring that everything happening aligns with the overall objective and plan. Project managers will use key performance indicators (KPIs) to determine if the project is on track. Some KPIs to measure project performance:

? Project Objectives: Measuring if a project is on schedule and budget is an indication if the project will meet stakeholder objectives.

? Quality Deliverable: This determines if specific task deliverable are being met.

? Effort and Cost Tracking: PMs will account for the effort and cost of resources to see if the budget is on track. This type of tracking informs if a project will meet its completion date based on current performance.

? Project Performance: This monitors changes in the project. It takes into consideration the amount and types of issues that arise and how quickly they are addressed. These can occur from unforeseen hurdles and scope changes.

List of templates under this bundle -

4.01_Project_Performance_Report
4.02_Variance_Analysis
4.03_Earned_Value_Status_Report
4.04_Risk_Audit
4.05_Product_Acceptance

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Source: Project Management | Phase 4 || Monitoring Word document

 

Project Management | Phase 4 || Monitoring

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File Type: Word (doc)

File Size: 575 KB

Number of Pages: 4

Related Topic(s): Project Management Performance Management

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Initial upload date (first version): May 3, 2021
Most recent version published: May 4, 2021

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