Common use of Monitoring and Controlling Clause in Contracts

Monitoring and Controlling. a) Monitoring and controlling consists of those processes performed to observe project execution so that potential problems can be identified in a timely manner and corrective action can be taken, when necessary, to control the execution of the project. b) Monitoring and controlling includes: i) Measuring the ongoing project activities (where we are); ii) Monitoring the project variables (cost, effort, scope, etc.) against the project management plan and the project performance baseline (where we should be); iii) Identify corrective actions to address issues and risks properly (How can we get on track again); January 2013 7

Appears in 1 contract

Sources: Rail Grant Project Agreement

Monitoring and Controlling. a) Monitoring and controlling consists of those processes performed to observe project execution so that potential problems can be identified in a timely manner and corrective action can be taken, when necessary, to control the execution of the project. b) Monitoring and controlling includes: i) Measuring the ongoing project activities (where we are); ii) Monitoring the project variables (cost, effort, scope, etc.) against the project management plan and the project performance baseline (where we should be); iii) Identify corrective actions to address issues and risks properly (How can we get on track again); January 2013 7;

Appears in 1 contract

Sources: Rail Grant Project Agreement

Monitoring and Controlling. a) Monitoring and controlling consists of those processes performed to observe project execution so that potential problems can be identified in a timely manner and corrective action can be taken, when necessary, to control the execution of the project. b) Monitoring and controlling includes: i) Measuring the ongoing project activities (where we are);, ii) Monitoring the project variables (cost, effort, scope, etc.) against the project management plan and the project performance baseline (where we should be);, iii) Identify corrective actions to address issues and risks properly (How can we get on track again); January 2013 7.

Appears in 1 contract

Sources: Rail Grant Project Agreement