Project Monitoring & Control
A project's documented plan is the basis for monitoring activities,
communicating status, and taking corrective action. Progress is
primarily determined by comparing actual work product and task
attributes, effort, cost, and schedule to the plan at prescribed
milestones or control levels within the project schedule or work
breakdown structure. Appropriate visibility enables timely corrective
action to be taken when performance deviates significantly from the
plan. A deviation is significant if, when left unresolved, it precludes the
project from meeting its objectives.
When actual status deviates significantly from the expected values, corrective actions are taken as appropriate. These actions may require re-planning, which may include revising the original plan, establishing new agreements, or including additional mitigation activities within the current plan.