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involves overseeing and tracking the progress of a construction project to ensure that it stays on schedule and within budget. This involves collecting, analyzing, and reporting data on the project status, such as the actual time, cost, quality, scope, and risks of the project.
Steps to Implement Project Monitoring
Keeping track of project timelines, milestones, and deadlines.
Managing and controlling project costs.
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Ensuring that the work meets the specified standards and requirements.
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Identifying and addressing potential issues that may impact the project.
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It is used to check if the project complies with the grants, local laws, contracts, ethical standards, and overall compliance with the project.
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It is a way through which the work can be arranged into smaller pieces. It includes a visual representation of all the tasks of the project.
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Visual tools for scheduling and identifying tasks
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This tool helps with time estimates. Maintaining a schedule is critical. It breaks the tasks into activities, and you can make a map of the activities.
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Allows for prompt resolution of problems.
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Ensures efficient use of time and resources.
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Informed decisions based on real-time project data.
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involve processes, tools, and practices to manage project elements like schedule, budget, scope, and quality. The primary goal is to facilitate effective decision-making, risk management, and resource optimization. Implementing project controls enhances the ability to deliver projects successfully within defined constraints and achieve desired outcomes.
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Monitoring and managing project expenses to stay within budget.
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Ensuring the project stays on track regarding timelines and milestones.
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Managing changes to the project scope to prevent scope creep.
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Documenting and managing changes to the project plan.
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Software tools for managing project finances.
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Formal process for documenting and approving changes.
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Are key performance indicators (KPIs) used to assess the health, progress, and success of a project. These metrics provide quantifiable measures that help project managers and stakeholders understand how well a project is performing.
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