Saturday, March 21, 2015

Monitor & Control Scope Schedule, Cost & Risk

Monitor & Control Scope, Schedule, Cost, Quality, Risk

Monitoring means watching the course.
  • Monitoring scope, schedule & cost consumption.
  • Measuring scope, schedule & cost consumption.
  • Collecting scope, schedule & cost consumption.
  • Recording scope, schedule & cost consumption in appropriate organizational process asset like Excel template or Project software..
  • Comparing scope, schedule & cost consumption against Project Management Plan or baselines
  • Reviewing scope, schedule & cost consumed against pmp
    • Understanding the amount of variance.
    • Check if this is beyond the control limits defined from Scope, Schedule or Cost.
    • Identify & determine the issues causing this variance.
    • Determine the impact on forecasts for scope, schedule or cost.
  • Reporting project performance including the variance as well as possible solutions and their impacts to mitigate future variance.
  • Ensuring all change requests are acted on in a timely manner.
  • Preventing unapproved changes from being included in the reported schedule/cost usage.
Controlling means staying the course.
  • Uses data from monitor activity to bring actual performance to planned performance.
  • Determining & taking corrective &/or preventive actions based on the issues causing the variance.
  • Determining the impact of this corrective/preventive actions on any dependent activities, work packages or projects.
  • Influencing the behaviors producing changes to schedule/cost baselines.

 Outputs from Monitor & Control Scope, Schedule & Cost

  • Work performance Information.
  • Change requests
  • Scope, Schedule & Cost forecasts.
  • Project management plan updates - Scope, Schedule & Cost management plans and baselines.
  • Project documents - Scope statement, Schedule & Cost estimates, Issue logs, Risk logs, Change logs.
  • Organizational process assets - Lessons learned.


Monitor & Control Quality

Monitoring means watching the course.
  • Monitoring quality of deliverable.
  • Measuring or check quality of deliverable.
  • Comparing the measured quality to quality baseline like quality metrics or requirements, or design to determine variances.
  • Record the variances in appropriate organizational process asset like Jira or Quality Center (ALM from HP) or Excel template.
  • Reviewing quality variances
    • Understanding the amount of variance.
    • Check if this is beyond the control limits defined.
    • Identify & determine the issues causing this variance.
    • Determine the impact on forecasts for scope, schedule or cost.
  • Ensuring all change requests are acted on in a timely manner.
  • Preventing unapproved changes from being included in the quality reports.
Controlling means staying the course.
  • Uses data from monitor activity to bring actual performance to planned performance.
  • Determining & taking corrective &/or preventive actions based on the issues causing the variance.
  • Determining the impact of this corrective/preventive actions on any dependent activities, work packages or projects.
  • Influencing the behaviors producing quality variance.

 Outputs from Monitor & Control Quality

  • Quality control measurements
  • Validated changes (Validating changes coming from Change Requests)
  • Verified deliverable
  • Work performance Information.
  • Change requests
  • Scope, Schedule & Cost forecasts.
  • Project management plan updates - Quality & Process improvement management plans.
  • Project documents - Quality standards, Agreements, Training plans, Process documents, Issue logs, Risk logs. Change logs.
  • Organizational process assets - Lessons learned.

Monitor & Control Risk


Monitoring means watching the course.
  • Monitoring identified as well as residual risks. 
  • Identifying new risks & retiring risks which no longer exists
  • Monitor if project assumptions are still valid
  • Measuring effectiveness of risk monitoring process
  • Measuring the consumption of contingency reserves
  • Recording the consumption of contingency & management reserves in appropriate organizational process asset like Excel template or Project software..
  • Comparing reserve consumption against Project Management Plan or baselines
  • Reviewing reserve consumed against pmp
    • Schedule/Cost/Scope variance can tell if there are opportunities or threats that could impact project.
    • Understanding the amount of variance.
    • Check if this is beyond the control limits defined for reserves.
    • Identify & determine the issues causing this variance.
    • Determine the impact on forecasts reserves.
  • Reporting project performance including the variance as well as possible solutions and their impacts to mitigate future variance.
  • Ensuring all change requests are acted on in a timely manner.
  • Preventing unapproved changes from being included in the reported schedule/cost usage.
Controlling means staying the course.
  • Uses data from monitor activity to bring actual performance to planned performance.
  • Identify corrective &/or preventive actions for the variances.
  • Taking corrective &/or preventive actions based on the issues causing the variance.
  • Determining the impact of this corrective/preventive actions on any dependent activities, work packages or projects.
  • Influencing the behaviors producing changes to schedule/cost baselines.

 Outputs from Monitor & Control Scope, Schedule & Cost

  • Work performance Information.
  • Change requests
  • Project management plan updates - Scope, Schedule & Cost management plans and baselines.
  • Project documents - Scope statement, Schedule & Cost estimates, Issue logs, Risk logs, Change logs.
  • Organizational process assets - Lessons learned.




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