Project Monitoring syllabus.pptx.pdf
- 3. Construction Project Monitoring Project monitoring is the process or protecting the client’s interests from the risks associated with their interest in a development that is not under their direct control. A project monitor is appointed, not to assume the responsibilities of the projects manager or developer, but to act as an investigator and advisor to the client, responsible for protecting their interests in the development as it proceeds. In effect, the project monitor acts as the ‘eyes and ears’ of the client during the development process. Project Monitoring refers to the process of keeping track of all project-related metrics including team performance and task duration, identifying potential problems and taking corrective actions necessary to ensure that the project is within scope, on budget and meets the specified deadlines.
- 4. Indicators for Monitoring: Projects are usually monitored against , whether the projects ❖ Running on schedule ❖ Running within the planned costs, receiving adequate costs ❖ Checking the quality parameters Methods/ Techniques of monitoring Project reporting , project appraisal, Project monitoring , project evaluation are inter-related terminology’s with minor differences in their meaning. In project evaluation monitoring is referred as interim or concurrent evaluation. So many of the methods used for evaluation can also relevant for monitoring the project. ❖ First Hand information ❖ Formal reports ❖ Project status report ❖ Project schedule chart ❖ Project financial status report ❖ Information reports ❖ Graphic presentations
- 5. The key benefit of this process group is that project performance is observed and measured regularly and consistently to identify variances from the project management plan. The Monitoring and controlling process group also includes: ▪ Controlling changes and recommending preventive action in anticipating of possible problems. ▪ Monitoring the ongoing project activities against the project management plan and the project performance baseline. ▪ Influencing the factors that could circumvent integrated change control so only approved changes are implemented. ▪ Project monitoring helps to provide constructive suggestions like, rescheduling the project (if the project run behind the schedule) ▪ Re budgeting the project (appropriating fund from one head to another ; avoiding expenses under unnecessary heading). ▪ Re-assigning the staff (shifting the staff from one area to other; recruiting temporary staff to meet the time schedule)
- 8. S-Curve & 6 months Progress