TAILIEUCHUNG - Lecture Project management: A managerial approach – Chapter 10: Monitoring and information systems

Chapter 10 examines the information requirements of a project and the need for monitoring critical activities. Included in this chapter is a description of some common project management information systems (PMIS). | Chapter 10 Monitoring and Information Systems 10- Terms Monitoring - Collecting, recording, and reporting information concerning any and all aspects of project performance Controlling - Uses the data supplied by monitoring to bring actual performance into compliance with the plan Evaluation - Judgments regarding the quality and effectiveness of project performance 10- The Planning–Monitoring–Controlling Cycle We mainly want to monitor: Time (schedule) Cost (budget) Scope (project performance) Closed-loop system Revised plans and schedules following corrective actions 10- Project Authorization and Expenditure Control System Information Flow 10- Designing the Monitoring System Identify key factors to be controlled Scope Cost Time Information to be collected must be identified 10- Designing the Monitoring System Continued Do not want to avoid collecting necessary data because it is hard to get Do not want to collect too much data The next step is to design a reporting

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• Project management
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