Most projects have a standard review and communication process, sometimes these processes are not enough to prevent an issue from occurring. I had a project where we meet every morning to discuss status of all the main items. A major issue developed in a minor component of the project that put it at jeopardy. Discuss some of the tools that can be used to monitor a project and provide early warnings?

Richard is a department manager who must supply resources to four different projects. Although each project has an established priority, the project managers continually argue that departmental resources are not being allocated effectively. Richard has decided to have a monthly group meeting with all four of the project managers and to let them determine how the resources should be allocated. Can this technique work? If so, under what conditions?