When you are drowning in numbers, you need a system to separate the wheat from the chaff.
If two lines on a graph cross, it must be important.
You can't monitor and control a project by simply reading reports. You have to walk around and personally check progress.
CHAPTER LEARNING OBJECTIVES
After reading this chapter, you will be able to:
Understand the reasons for implementing controls on the project
Track the progress of a project
Determine an appropriate reporting plan
Measure and analyze variances from the project plan
Use Gantt charts to track progress and identify warning signs of schedule problems
Construct and interpret milestone trend charts to detect trends in progress
Use earned value analysis (EVA) to detect trends in schedule and budget progress
Integrate milestone trend charts and EVA for further trend analysis
Build and maintain an Issues Log
Manage project status meetings
Determine the appropriate corrective actions to restore a project to its planned schedule
Properly identify corrective measures and problem escalation strategies
The project plan is a system. As such, it can get out of balance, and a get-well plan must be put in place to restore the system to equilibrium. The longer the project manager waits to put the fix in place, the longer it will take for the system ...