Exam 7: Monitoring and Controlling the Project

The percentage of an activity's budget actually spent by a given date is typically a good indicator of the percent of that activity's completion.

One way of linking planning and control is to monitor project progress on the MSP Gantt chart.

The key to setting up a monitoring system is to identify the special characteristics of scope, cost and time that need to be controlled in order to achieve the project goals.

Control systems that make use of all five components of project control are called cybernetic control systems.

The 50-50 approach for estimating progress overstates the EV of tasks that are near completion and understates the EV of tasks that have recently begun.

All good project plans have a change control system as a component. Briefly explain the change control process.

Everyone associated with the project should receive the same information.

When a PM updates a project all of the following should be updated except:

Project monitoring and control can be thought of as opposite sides of project selection and planning.

Earned Value is a measure of overall project progress in terms of performance, budget, and schedule.

Which of the following is not a tool used to aid the PM in project control?

Control is the collection, recording, and reporting of project information.

Which of the following is used when it is especially difficult to find a direct measure of a variable?

Too often, intensity of activity is measured instead of results.

Project review meetings are always important.

In order to manage for overall project success, control should be exercised at a very high and aggregated level and not get bogged down with unnecessary details.

Statistical quality control techniques can be helpful for determining what size variances are significant.

Why is control difficult?

Explain why virtual projects may be necessary?

Frequent blame is considered a good motivational tool to keep project team members on track.