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Monitor & Control

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Module 10 - Monitor & Control

The Situation

Additional Information Needed Potential Response What will it take to get back on schedule – Mitigate - Use schedule compression additional money, time, manpower? technicques.

Potential Opportunities Chance to update and improve original plans with current information.

If it is not possible to get back on schedule, what are the new milestone completion dates?

Mitigate - Consider how resources are Review original plans and make being used and re-allocate them to areas adjustments to future efforts - document falling behind and need help to lessons learned. alleviate/shorten the delay. Mitigate - Perform tasks in parallel when possible and make sure critical resources are available to meet the schedule adjustment. Based on the impact of the delay, determine the optimal time to get back on schedule – i.e. if we are already behind schedule, it may not be prudent to spend too much money if the project can finish a bit behind schedule.

What part of the original plan failed to result in the delay? Behind schedule

Measure the impact of delay – on project Transfer - Deploy additional resources to timeline, customer, and other key get back on schedule. Weigh any stakeholders. additional costs associated with crashing against project constraints. Who is the owner of this risk? Which areas resulted in the over-budget? Mitigate - Review and re-allocate the Review original plans and make Why and how did it happen? budget to minimize the amount of money adjustments to future efforts - document being overspent. lessons learned. What are the alternatives in order to be within budget at project close? Mitigate - Keep tighter track of all actual costs against the periodic targets that have been set out in the budget. Re-visit the project risks and be more proactive in dealing with financial risks.

Over-budget

Who is

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