Guide: Regular Monitoring in Waterfall Project Management
Regular Monitoring is an essential part of any project management approach, especially in the Waterfall Project Management model.
Why is it important?
Regular monitoring is crucial as it helps ensure that the project is on track and that any problems or potential risks are quickly identified and dealt with. This efficiency in tracking progress and managing risks contributes greatly to a project's overall success.
What is it?
Regular monitoring refers to the continuous overseeing of a project to ensure that its performance matches the planned objectives.
How it works?
In regular monitoring, each stage of the project is carefully watched and examined. Once a phase is completed, it undergoes review before moving to the next stage, ensuring any issues are resolved before they can have a ripple effect on the entire project.
Exam Tips: Answering Questions on Regular Monitoring
1. Be clear about the role of regular monitoring in waterfall project management.
2. Link it to real-world examples where possible.
3. State its benefits and why it's necessary for a successful project.
4. Understand how it fits into the overall project management lifecycle.
5. Don't forget about the risks of not monitoring regularly and how regular monitoring can prevent these risks.
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Regular Monitoring practice test
In the Waterfall model, regular monitoring and control ensure that the project is on the planned track in terms of project schedule, cost, and quality. Project performance data is constantly collected and compared to the project plan. If there is a deviation, corrective action is taken to put the project back on track. This step entails regular review meetings, performance reporting, and feedback cycles to ensure the project is progressing smoothly and as planned.
Time: 5 minutes Questions: 5
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Certified Associate in Project Management Preparation Package (2024)
- Earn 15 PDUs needed for your CAPM certification
- 6432 Superior-grade Certified Associate in Project Management practice questions.
- Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
- Unlock Effortless CAPM preparation: 5 full exams.
- 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
- bonus: If you upgrade now you get upgraded access to all courses