Project Monitoring talks about a continuous and periodic analysis of a project plan to understand the timelines and milestones as per initial plan and find out the gaps, if any. Basically its main purpose is to analyze the progress of project to see if the desired goals as per plan have been achieved or not. A gap in achievement of stipulated goals might call in for a rapid action, management’s intervention to take some urgent decision or an emergency meeting with all stakeholders. Monitoring process is usually managed by an internal project team comprising of members fr
Project Monitoring team’s main role is to keep an eye the ongoing project to monitor its progress, and take immediate mitigation action in case of a gap is found out in planned goal due to any risk. The mitigation plan that is now a new component of the project plan is updated to all stakeholders respectively with the newly defined timelines for achieving project goals.