Question: Nothing ever goes completely according to plan. Once a project is launched, management needs an information and control system to adjust and steer the project
Nothing ever goes completely according to plan. Once a project is launched, management needs an information and control system to adjust and steer the project toward its objectives. On time-sensitive projects, project managers need to be able to track progress and know when to speed things up. On set budget projects, project managers need to be able to monitor costs and know when it is necessary to cut costs. Not only are you interested in whether the project is on schedule and budget, but management and customers want to know when the project is likely to be completed and at what cost. These exercises will help you in determining this information. Before you begin, be sure to review the following resources: Project Management: The Managerial Process (8th Edition) Chapter 13: Progress and Performance Measurement and Evaluation Chapter 13: Progress and Performance Measurement and Evaluation Please read the PMBOK Cross-Reference Guide for appropriate article references. Instructions Use the Week 5 Exercises Template linked here to complete this assignment. Click on each of the tabs in the template to view and complete each of the exercises. For reference, the exercises in this assignment are taken from page 505 in your book. Save
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