about monitering and controlling of a project
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EGT 3414/TEC 5970 H7 Assignments
Eastern Illinois University – School of Technology
Monitoring and Controlling the Project (60 Points)
Chapter 7 erms (20 Points)
1. Monitoring
2. Controlling
3. Baseline
4. Earned Value
5. Project Control
6. Plan-Monitor-Control Cycle
7. Closed Loop
8. Real-Time Data
9. Frequency Counts
10. Scope Creep
Chapter 7 eview Questions (10 Points)
1. Why can the PM use the organizationàcurrent information system for project monitoring
and reporting?
1. What does it mean to say that project monitoring and control are on the opposite sides of
project selection and planning?
2. The monitoring system is the direct connection between project planning and control. Why is
this true?
3. Why is it probably a good idea to avoid periodic reports, except in specific cases such as
reports tied to the organizationàaccounting system?
4. Aside from the obvious benefits for project control, what other benefits might result from a
good project reporting system?
5. Using earned value analysis, explain how the total cost of a partially completed project can be
estimated.
Chapter 7 iscussion Questions (10 Points)
1. The chapter included an example of a firm where the PM dispensed with all the planning formality
because no one ever looked at it anyway. What did the PM think the purpose of such planning was
in this firm? What should the fi rm do in the future to correct this problem?
2. n order to manage for overall project success, control must be exercised at the detailed work
level for each aspect of project performance or no significant change will occur. oes this mean
that the PM should micromanage the project? If not, what does it mean?
Chapter 7 roblems (10 Points)
1. A project in its 26th week has an actual cost of $270,000. It was scheduled to have spent $261,000.
For the work performed to date, the budgeted value is $272,000. What are the cost and schedule
variances for the project? What is the SPI and CPI?
2. A project has just completed the 87th item in its plan. It was scheduled to have spent $168,000 at
this point in the plan, but has actually spent only $156,000. The foreman estimates that the value
of the work actually finished is about $162,000. What is the spending and schedule variances for
the project? What is the SPI and CPI?
Chapter 7 ase Study: St. Dismas Assisted Living Facility Program Plan – 5 (10 Points)
12/3/2022
Purchase answer to see full
attachment
Eastern Illinois University – School of Technology
Monitoring and Controlling the Project (60 Points)
Chapter 7 erms (20 Points)
1. Monitoring
2. Controlling
3. Baseline
4. Earned Value
5. Project Control
6. Plan-Monitor-Control Cycle
7. Closed Loop
8. Real-Time Data
9. Frequency Counts
10. Scope Creep
Chapter 7 eview Questions (10 Points)
1. Why can the PM use the organizationàcurrent information system for project monitoring
and reporting?
1. What does it mean to say that project monitoring and control are on the opposite sides of
project selection and planning?
2. The monitoring system is the direct connection between project planning and control. Why is
this true?
3. Why is it probably a good idea to avoid periodic reports, except in specific cases such as
reports tied to the organizationàaccounting system?
4. Aside from the obvious benefits for project control, what other benefits might result from a
good project reporting system?
5. Using earned value analysis, explain how the total cost of a partially completed project can be
estimated.
Chapter 7 iscussion Questions (10 Points)
1. The chapter included an example of a firm where the PM dispensed with all the planning formality
because no one ever looked at it anyway. What did the PM think the purpose of such planning was
in this firm? What should the fi rm do in the future to correct this problem?
2. n order to manage for overall project success, control must be exercised at the detailed work
level for each aspect of project performance or no significant change will occur. oes this mean
that the PM should micromanage the project? If not, what does it mean?
Chapter 7 roblems (10 Points)
1. A project in its 26th week has an actual cost of $270,000. It was scheduled to have spent $261,000.
For the work performed to date, the budgeted value is $272,000. What are the cost and schedule
variances for the project? What is the SPI and CPI?
2. A project has just completed the 87th item in its plan. It was scheduled to have spent $168,000 at
this point in the plan, but has actually spent only $156,000. The foreman estimates that the value
of the work actually finished is about $162,000. What is the spending and schedule variances for
the project? What is the SPI and CPI?
Chapter 7 ase Study: St. Dismas Assisted Living Facility Program Plan – 5 (10 Points)
12/3/2022
Purchase answer to see full
attachment
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