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Question:
(a) The purpose of Project Monitoring and Control is to evaluate and provide an understanding of the evolution and progress of a project. This enables measurement of project performance and directs appropriate corrective actions when deviations are noted. Briefly explain the different methods for monitoring the project.
(b) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalization, risk management is continuously gaining wider acceptance and importance and as become a must for project success. Critically discuss the main components that are likely to be included in the risk management system.
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Q. What if I need more time in my project? A competent as well as professional project manager is always up front with the sponsor or senior management. The meeting perhaps unc
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