monitoring a project
monitoring a project, how does it work?
Monitoring is about keeping an eye on project risks and risk tasks, and is the day to day business of project managers. Deadlines and responsible people are necessary to do this successfully.
Other risk elements like causes and responses can also be monitored. How often these will be monitored depends on the magnitude and nature of the risks at hand. It is essential to be able to receive early warning if a risk is about to occur. Understanding the nature and condition of causes are a necessity for monitoring.
Reporting is closely related to monitoring. It provides the information to team members, the project manager and executives. ProjectFuture has a number of standard reports available.
Reports are helpful to get a quick picture of the project status and show points requiring attention. Reports can also show risks or activities.
other questions about project risk management
- What is a project risk?
- How can I detect risks?
- What is the essence of risk management?
- How can I analyze risks?
- How can I prioritize risks?
- What is a risk status?
- What is a risk class?
- Risk identification methods
- evaluate a project
- the role of team members
- What role do projectpartners have in managing project risks?
- How can I setup risk management in my company?