Chapter10 Project Monitoring & Control 1Chapter 10Project Monitoring and ControlChapter10 Project Monitoring & Control2Project Monitoring and ControlMonitoring collecting, recording, and reporting information concerning project performance that project manger and others wish to knowControlling uses data from monitor activity to ring actual performance to planned performanceChapter10 Project Monitoring & Control3Project Monitoring and Control!hy do we monitor"!hat do we monitor"!hen to we monitor"#ow do we monitor"Chapter10 Project Monitoring & Control4Why do we monitor?$imply ecause we know that things don%t always go according to plan &no matter how much we prepare'(o detect and react appropriately to deviations and changes to plansChapter10 Project Monitoring & Control5What do we monitor"Men &human resources'MachinesMaterialsMoney$pace(ime(asks)uality*(echnical PerformanceChapter10 Project Monitoring & Control6What do we monitor"+nputs (imeMoney,esourcesMaterial -sage(asks)uality*(echnical Performance.utputsProgressCosts/o starts/o completionEngineering / Design changesVariation order (VO)Chapter10 Project Monitoring & Control7When do we monitor?0nd of the projectContinuously,egularly1ogically!hile there is still time to react2s soon as possile2t task completion2t pre3planned decision points &milestones'Chapter10 Project Monitoring & Control8Where do we monitor?2t head o4ce"2t the site o4ce".n the spot"5epends on situation and the 6whats%Chapter10 Project Monitoring & Control9How do we monitor(hrough meetings with clients, parties involved in project &Contractor, supplier,etc7'8or schedule -pdate CP2, P0,( Charts, -pdate 9antt Charts-sing 0arned :alue 2nalysisCalculate Critical ,atiosMilestones,eports(ests and inspections5elivery or staggered deliveryPM+$ &Project Management +nfo $ys' -pdatingChapter10 Project Monitoring & Control10Meetings!ome monitoring iss"es!hat prolems do you have and what is eing done to correct them"!hat prolems do you anticipate in the future"5o you need any resources you do not yet have"5o you need information you do not have yet"5o you know anything that will give you schedule di4culties"2ny possiility your task will ;nish early*late"!ill your task e completed under*over*on udget"Chapter10 Project Monitoring & Control11Project Control CycleP#$%!&eci'icationsProject !ched"leProject ("dget)eso"rce &lanVendor contractsMO%*+O))ecord stat"s)e&ort &rogress)e&ort costCOMP$)E$ct"al stat"s against &lan,!ched"le,Cost$C+*O%Correct de-iations 'rom &lan)E,P#$% as necessaryChapter10 Project Monitoring & Control12Project ControlControl process and activities needed to correct deviations from planControl the triple constraints time &schedule'cost &udget, e