How often project monitoring and controlling should be done? Should th

1.	How often project monitoring and controlling should be done? Should this be planned as part of project management plan?
Answer» Knowledge Area:Integration Management Variance is the difference between the actual project performances with the project baseline. MATHEMATICALLY it can be explained as Plan – Actual. Variances will be MEASURE for time duration (on schedule, AHEAD of schedule or BEHIND schedule), cost (on budget, over budget or under budget). These variances can be measured numerically using different techniques. Variances in other knowledge areas can be checked, but may not be measured numerically.

How often project monitoring and controlling should be done? Should this be planned as part of project management plan?

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Knowledge Area:Integration Management

Variance is the difference between the actual project performances with the project baseline. MATHEMATICALLY it can be explained as Plan – Actual.

Variances will be MEASURE for time duration (on schedule, AHEAD of schedule or BEHIND schedule), cost (on budget, over budget or under budget). These variances can be measured numerically using different techniques. Variances in other knowledge areas can be checked, but may not be measured numerically.

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How often project monitoring and controlling should be done? Should this be planned as part of project management plan?

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