Question:

(a) What are the checks/actions to be carried out in a project monitoring meeting?

(b) What is the rationale behind the concept of "earned value" in project monitoring?

(c) Describe the concept of "earned value" in project monitoring showing:

• ?what information is needed at planning stage,
• ?what information is required when collecting data at specific intervals, 
• ?what values are calculated and ? how these values are used to interpret progress.

(d) What corrective actions can be taken in the following cases : ?

• Task is behind schedule.
• Quality of deliverable for a task is below standard.