Project monitoring and control & planning for monitoring
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This document discusses project monitoring and control. It defines monitoring as the regular observation and recording of project activities, and control as processes used to predict, understand, and influence project time and cost outcomes. The purposes of monitoring and control are to analyze the project situation, determine if inputs are being utilized properly, identify and address problems, and ensure activities are on track. Effective monitoring and control involves status reporting, project reviews, tracking schedule and budget variances, and managing risks.
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Project monitoring and control & planning for monitoring
1. Submitted To: Submitted By:
Prof. Pankaj Madan Sandeep Kumar
(Head & Dean) MBA III sem.
FMS-GKV, Haridwar RN. 22
2.
Project monitoring
Project control
Purpose of project monitoring and control
Characteristics of project monitoring and control
Planning for monitoring and evaluation
Importance of planning
Integrating monitoring and evaluation
Developing a monitoring and evaluation plan
Contents:
3.
Monitoring is the regular observation and recording of activities taking place
in a project or programme. It is a process of routinely gathering information
on all aspects of the project.
To monitor is to check on how project activities are progressing. It is
observation; ─ systematic and purposeful observation.
Monitoring also involves giving feedback about the progress of the project to
the donors, implementers and beneficiaries of the project.
Reporting enables the gathered information to be used in making decisions
for improving project performance.
Project Monitoring:
4.
Project control are the data gathering, management and analytical processes
used to predict, understand and constructively influence the time and cost
outcomes of a project or program; through the communication of information
in formats that assist effective management and decision making.
This definition encompasses all stages of a project or program’s lifecycle
from the initial estimating needed to ‘size’ a proposed project, through to
reflective learning (lessons learned) and the forensic analysis needed to
understand the causes of failure (and develop claims).
Project control:
5.
Project strategy, undertaking planning and methods studies to help the PM optimise
future outcomes
Scheduling including development, updating and maintenance
Cost estimation, cost engineering/control and value engineering
Risk management, including maintaining the risk register and risk analysis/assessment
Earned Value Management and Earned Schedule, including WBS, OBS and other
breakdown structures
Document control
Forensic Assessment for required diagnosis of schedule and cost
Supplier performance measurement / oversight (but excluding contract administration)
Project control discipline can be seen as
encompassing:
6.
Monitoring is very important in project planning and implementation.
It is like watching where you are going while riding a bicycle; you can adjust as you go
along and ensure that you are on the right track.
Monitoring provides information that will be useful in:
Analysing the situation in the community and its project;
Determining whether the inputs in the project are well utilized;
Identifying problems facing the community or project and finding solutions;
Ensuring all activities are carried out properly by the right people and in time;
Using lessons from one project experience on to another; and
Determining whether the way the project was planned is the most appropriate way of
solving the problem at hand.
Purpose of project monitoring and
control:
7.
The project manager or lead utilizes skills and tools to review progress,
capture requested scope changes, risks, and document achievements. By
monitoring and controlling the project, the PM or lead keeps the project
moving and allows for any necessary adjustments.
Regularly assessing progress related to scope, timeline, and budget helps to
minimize the impact of setbacks as the project progresses. By capturing and
assessing progress, proper evaluation of variance to plan can be conducted
and corrective actions implemented. Additionally, as the PM or lead is
thoroughly capturing progress and any missed activity dates, adjustments
and trade-offs.
Characteristics of project monitoring
and control:
8.
Status reporting
Conducting a project review with stakeholders
Control schedule variances
Controlling scope and change requests
Controlling budget
Tracking & mitigating risks
Monitoring & control by...
9.
A monitoring and evaluation (M&E) plan describes how the whole
monitoring and evaluation system for the program works.
This includes the indicators, who is responsible for collecting them, what
forms and tools will be used, and how the data will flow through the
organization.
Planning for monitoring and
evaluation:
10.
Planning is a key stage in the monitoring and evaluation cycle. Organisations
should think about:
Why do we want to do it and for whom?
What will we monitor and evaluate?
How will we do it?
Who will do it and do we have the right skills?
When will we do it?
What resources will we need, including outside support?
What will we do with the information we get?
Organisations themselves, and their stakeholders, will usually want to find
out how the organisation or project is meeting its planned aims and
objectives. These need to be clearly stated in the early stages of planning.
Importance of planning:
11.
Monitoring and evaluation systems should be developed when an
organisation first starts up, so that collecting information becomes part
of everyday life. Often there are later opportunities to expand, develop
or focus monitoring or to carry out more developed evaluation:
When an organisation is changing or developing
If it is applying for or has received new funding
When information is needed for assessment against quality standards
When information is needed for strategic planning.
Integrating monitoring and evaluation:
12.
Drawing up a monitoring and evaluation plan will help the organisation to
think about how it will carry out monitoring and evaluation over the year or
over the lifetime of a project. It will consider:
When will different information be collected?
Who will carry out and manage the activities?
How will information be collected, analysed and presented?
How will monitoring and evaluation findings be used in short-term planning
and decision making, and quality reviews?
Developing a monitoring and
evaluation plan: