Management Monitoring
It refers to aspect that tracks projects performances.
What is monitoring?
It is an action that uses data collected from the monitor in order to bring the real performance to the planned one.
What is control?
It is the verification process that ensures that the projects implementation follows the rules and the project management principles to achieve the final scope.
What is audit?
It includes the needed processes for the acquisition of goods and services from outside the organization to reach the projects application domain.
What is acquisition management?
It is a management problems solving method that takes into account the vision of all stakeholders.
What is LFM?
It can be monitored and it is in strong relation to output.
What is input?
It can be deployed to take action regarding the inputs, if there are huge differences between real and expected outputs.
What is cybernetic control?
It defines the progresses that were made in key areas of a project which could lead to its success or failure.
What is key activity status?
It contains entries, like major deliveries, key milestones and cost objectives. Above all, it points the rules and the agreements of the project.
What is contract?
They are the objectives that need to be achieved through the project implementation.
What is specific objective?
It defines intermediate check-ups and offers information related to the evolution of performance indicators.
What is progress evaluation?
It consists in checking preliminary conditions before taking an action.
What is go/no-go control?
It defines the activities that are already being conducted in order to ensure the planned quotas.
What is current project state?
It identifies which needs of the project can be satisfied the best through acquisition of products and services from outside the projects organization.
What is acquisition planning?
They are an operational description of general objectives, of the projects scope and of the results.
What are objectively verifiable indicators?
It defines the process of data collection regarding the state of the project's implementation in order to correct shortcomings.
What is continuous collection?
It involves writing reports with conclusions and recommendations after completing a project.
What is postcontrol?
It defines the chances with regard to the failure of the project or going over the budget.
What is risk determination?
It implies the monitoring of the contracts execution, as well as applying necessary corrections.
What is acquisition control?
They point to under which form information regarding general objectives, projects scope and results can be found.
What are means of verification?
It has the responsibility to collect, record and create reports which check the projects performances.
What is monitoring?
It is a way to measure the general performance.
What is earned value?
It defines the need to change existing deadlines.
What is future state?
It is the process that is best described by either buying necessary goods and services from outside the organization or developing those goods and services internally.
What is acquisition management?
They are those outside factors (conditions) that are not influenced by the project, but can be affected by its implementation and long term sustainability.
What are hypotheses?