Project Monitoring

Project Monitoring - Project Monitoring and Control Monitoring – consists of receiving or maintaining accurate reports of the events that have

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Unformatted text preview: Project Monitoring and Control Monitoring – consists of receiving or maintaining accurate reports of the events that have taken place on the project and the specific work items that have been accomplished. Control – consists of action taken in response to the information gathered during monitoring For the schedule to be an effective tool, it must Be an accurate reflection of the way the job is actually constructed Be sufficiently flexible to accommodate changes and to also predict their impact Allow for corrections as necessary to keep the schedule current or up to date Updating the schedule The process of making adjustments to the schedule when discrepancies are noted between scheduled work and actual work Updating The Schedule The original plan may/will become obsolete and no longer reflect the way in which the project is being built. As a result the schedule needs to be updated on a regular basis to produce a current plan for project completion. Updating The Schedule The schedule is updated for several reasons: Evaluate Project Status Predict Completion Date Create A Historical Record Of The Job Evaluate Project Status The project team must know the status of the project at regular intervals in order to make decisions about how to successfully complete the project. Predict Completion Date Contractor may be responsible for maintaining the project until the contractual completion date if the owner will not accept the project early. Contractor may be responsible for liquidated damages for any delay in the project completion date....
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This note was uploaded on 10/09/2009 for the course CM 2131 taught by Professor Spring during the Spring '09 term at LSU.

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Project Monitoring - Project Monitoring and Control Monitoring – consists of receiving or maintaining accurate reports of the events that have

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