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Monitoring and Controlling of International Project Management

   

Added on  2023-06-03

7 Pages1385 Words253 Views
Running head: INTERNATIONAL PROJECT MANAGEMENT
International Project Management
Name of the Student:
Name of the University:

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INTERNATIONAL PROJECT MANAGEMENT
1.0 Background
The proposal is based on project governance plan where tracking the project progress is
done. ATA is tracking the progress of project without imposing the complex process on low
value project. The project is based on tracking the financial resources, project schedule and risk
plan. ATA has planned its risk management plan, project schedule baseline and resource plan.
The proposal is consisted of the process to monitor and control of the project governance plan
(Larson & Gray, 2015). Kate decides to go through some processes where they can manage the
project properly.
2.0 Monitoring and controlling of project
Kate monitors as well as controls the project which is involved with tracking the actual
project performance by means of planed project management activities. The control functions are
occurred at all stages of the project such as initiation through closing (Meredith et al., 2016).
Monitor as well as control of the project work is a process to track, review and report the
progress for meeting with the performance objectives which are defined into project
management. Kate decides to monitor and control the work as it is occurred to complete the
work on time. Kate must balance the project requirements of various knowledge areas for
controlling the project (Kerzner & Kerzner, 2017). Kate creates a performance measures and use
of existing organizational performance measures for identifying the project performance at daily
basis throughout the project closure phase.
Kate compares the planned results with the actual results, reports the performance,
determines the actions are required and ensured that the deliverables are correct based on the

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INTERNATIONAL PROJECT MANAGEMENT
approved business requirements. There is used of key performance indicators (KPI) to help the
project manager analyze the information which is collected from monitoring in addition to
controlling the process into knowledge (Nicholas & Steyn, 2017). KPI helps the manager to turn
the scope management into project objectives against the project success. Kate organized and
analyzed to understand the current status of the project compared to select of KPI. In spite of the
project planning, Kate will come to the project changes throughout the project course. It is
required to make changes to existing policies as well as procedures used into the project.
Schedule is controlled by monitoring the status of the project activities, updating the project
processes and managing the changes to the schedule (Crawford, 2014). Finance is controlled by
monitoring the status of project, updating the budget and managing the changes to cost baseline.
Effective cost control is done by managing approved cost performance baseline besides changes
to cost baseline (Al Alam, Pfahl, & Ruhe, 2016). Risk is controlled and managed by tracking
identified risks, identification of new risks, executing the risk response and evaluating the
effectiveness through project work.
The information and data that should be provided to stakeholders and the CEO so that
they can be assured that the project is proceeding as planned are all related to the project
progress work. Kate should provide the stakeholders and CEO with a developed project plan
consists of resource, financial, quality, risk, governance and communication information (Larson
& Gray, 2015). The project plan helps to reduce the risk into project by assisting with resource
requirements and allocation over the project lifecycle (Harrison & Lock, 2017). It is promoted
understanding of the financial as well as other project constraints on project work. The
milestones are set properly into the project plan enough to enable checking as well as correcting
of project progress. It is involved with regular reviews as well as reporting. The project activities

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