Project Monitoring & Controlling

This process involves tracking the actual project performance with the planned project management activities. It occurs at all stages of a project i.e. from initiation through to closing. It involves actively reviewing the status of your project as it proceeds, evaluating potential obstacles, and implementing necessary changes.
During this phase, organizations need to juggle several responsibilities, including:
• Keeping to the schedule
• Staying within budget
• Avoiding scope creep
• Managing risk