What methods and tools are used to monitor control and track project performance?

What methods and tools are used to monitor control and track project performance?

During a project, it is important to know where you are going ! Making decisions and assigning tasks is not enough. It is essential to monitor the accomplishment of tasks and the evolution of the project to ensure that everything goes smoothly.

Why ? It is essential to check whether the team is moving in the right direction, whether the objectives set are being respected or whether the budget and deadlines are being respected correctly.

Many companies use project monitoring on a daily basis to plan and measure the progress of their projects. Today, this method has become essential to the organization and implementation of the company’s activities.

What is project monitoring ?

Project monitoring makes it possible to control the good progress of the project according to the established schedule and that the human, material and financial resources are well fixed and respected. It is a control and validation tool.

Of course, project monitoring does not avoid problems but makes it easier to detect them and react quickly in order to find an appropriate solution.

The importance of project monitoring

Now that your project is established, it is not enough to simply execute the tasks one after the other.

To succeed in your project, it is essential to distribute tasks taking into account the skills of each of the employees concerned. When the different tasks are assigned, you must follow their evolution throughout the project.

These steps are essential to ensure that everything is going as planned. By monitoring the proper execution of the various project tasks, the work and results of your collaborators, you ensure that your team is effective and that the defined objectives are achieved. This project monitoring also makes it possible to calculate the budget at any time, based on the time already elapsed.

Benefits :

      • Better visibility into how the project is progressing
      • Better resource management and therefore cost optimization
      • Reducing risks such as delivery delays, for example,
      • Empowerment of employees,
      • Better information sharing and simplified management

Project monitoring tools

Meeting :

he principle of the monitoring meeting is to discuss the progress of all project tasks with all team members. It is also during these meetings that the difficulties encountered will be discussed. The objective is to make the project evolve on a daily basis.

The monitoring meeting allows you to :

      • Identify the tasks that should start soon,
      • Set the new tasks to be added and those to be deleted,
      • Review the progress of current tasks and their remaining time,
      • Make the necessary choices for the rest of the project

Project monitoring software :

Project monitoring software offers many essential functions to ensure effective management of your project from start to finish. They simplify the planning of each task in the project, its assignment to a collaborator and its follow-up.

Using various tools such as the Gantt chart, resource management, task manager or timesheets, you can plan, track, manage and analyze the tasks and workload of each member of your team.

A project monitoring software is great but Flowboard is even better !

Flowboard provides managers with all the tools they need to ensure that projects run smoothly, both in terms of deadlines and objectives to be achieved.

Thanks to Flowboard’s project tracking and reporting tables, each data is processed, each task is ordered and stakeholders are informed of the progress of the current project. On the other hand, by presenting your projects in the form of GANTT, you will be able to easily visualize the tasks to be performed as well as the milestones and roles of each collaborator.

Another advantage: Each step is associated with the creation or validation of a document. Flowboard is THE solution that supports you throughout your success !

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Know more about

You made a perfect project plan and are on your way to flawlessly executing it with your team. However, the question remains. How would you know that your project fulfills the specified cost, time, and quality parameters?

Project monitoring and control is an important project management phase that allows you to keep an eye on everything related to your project and rectify any deviation from the plan before it becomes a huge problem.

Why is it important to monitor and control projects?

Any experienced project manager will let you know that meeting deadline isn’t the only consideration when it comes to project management. The way you accomplish goals within deadlines is equally important. Monitoring and controlling is simply the most effective tool to gauge actual performance and to make informed decisions to ensure quality standards.

With updated information, managers can take decisive and corrective action to avoid any crisis and be aware of any potential opportunity that could pop up during the work process. This happens through status updates and supervision of project activities that allow project managers to strike a balance between time, cost, quality, and budget.

Best practices for project monitoring and controlling

There are several tools you can use to monitor a project. It’s a continuous improvement process that mostly requires an attentive touch with not only progress reports but employee engagement as well.

Using the right tools

The best way to implement project monitoring and control techniques is to utilize project management tools. Implementing Earned Value Analysis (EVA), Project Evaluation and Review Technique (PERT), Gantt Charts, etc. within the early stages of the project is the best way to go.

But in the later stages, project management software can help in setting up milestones and in keeping all stakeholders on the same page without overtly complicating the process. Project collaboration and safe communication in project management can also lead the path towards effective project monitoring and control.

Meetings with stakeholders

The completion of a project and its success is not a one-man job. Without keeping your staff and all other relevant project stakeholders up–to–date with new developments, you’ll find a team that simply doesn’t know enough to perform their best. Similarly, if you, as a project manager, are not in the loop with the actual developments in the project, then it’s probable that your planning would simply not reflect the actual reality on the ground.

Meetings with staff and involved stakeholders let you identify blind spots and understand project progress. it’s a fast, effective way to monitor and control project development.

Set up project parameters

It’s difficult and almost impossible to micromanage every aspect of a project. What you need is a way to decisively understand when you need to intervene. Setting up monitoring project milestones with the help of tools like CPM or Gantt Charts can help you set up goalposts from which the overall progress of the project can be monitored.

Manage Scope creep

Scope creep can be a huge challenge that, if not handled, can lead to project delays, unsatisfactory work quality, etc. As a project manager, you need to monitor from where and from whom changes are being requested. And most importantly, find the underlying cause of excessive change requests.

Make forecast and budgets

Project forecast and budgeting are effective tools for milestone management and project monitoring. With forecasting, you can answer several important questions such as what the optimal time for a project completion would be, how much a certain activity would cost, and how long would it take.

Furthermore, with good forecasting, you’ll be able to know beforehand what kind of adjustment you’ll be required to make during a project in terms of human resources, ideal workstations, etc. Going in blind can leave your project extremely vulnerable and without any context for you to monitor and measure the project’s performance against.

With project deliverables clearly defined and knowing the expected slake time you can take advantage of, you will be able to prioritize critical activities.

Find exceptions

With appropriate monitoring tools, finding any exceptions to standard project management practices would take little effort. But over-relying on these tools can create blind spots and possible project risks and issues can escape your notice. So be on the lookout for possible issues and have a proper contingency plan in place as despite extensive monitoring and controlling, several unforeseeable situations can arise.

Be flexible

There’s no point in monitoring a project if you’re not willing to make changes to the initial project management objectives. These changes can be either insignificant or, based on the circumstances, could force you to re-plan the entire project. In either of these cases, the main goal is to accomplish the project and the tasks as effectively as possible.

Make the project engaging

Project collaboration tools can take the dull process of monitoring and controlling and make it more engaging with visual cues, better engagement, and collaboration with project teams. The use of Kanban can help improve efficiency in project handling. The focus on visual engagement can encourage better participation from both the staff as well as the project manager. Because really, who has the time to read long clutter-filled reports?

How does Kissflow Project facilitate effective project monitoring to up your project management game?

If you’re looking for a project management tool that can arm you to monitor and control a project to the best of your ability, you won’t find a better match than Kissflow Project.

Kissflow Project comes with every tool you need to better monitor your project. It allows the use of real-time analytics and creates a simplified activity feed that can let you identify any major issues at a glance.  It also lets you collaborate with team members effectively, easily delegate activities, and keep every relevant stakeholder up–to–date on any major development in only a few clicks.

The best advantage of using Kissflow Project is the ample amount of visual project management tools it provides at your disposal. Kissflow Project effectively utilizes a card-based Kanban tool to visually depict the progress of the project and to identify any exceptions to the standards set by you. You can also use the matrix view to keep communications and task delegation clutter-free and simple.

Signing up for a Kissflow account is free and simple, and it can make a world of difference to how you monitor and control your projects, so, what are you waiting for? Check out project pricing plans.

What tools and methods are available for project monitoring?

Some of the tools and techniques that can be used in programme and project management are outlined below..
SWOT - strengths, weaknesses, opportunities, threats. SWOT analysis diagram. ... .
Stakeholder matrix. Stakeholder matrix. ... .
Cause and effect diagram. ... .
Risk map. ... .
Summary risk profile. ... .
Decision tree. ... .
Radar chart..

What are the methods of monitoring and control?

Three steps or techniques for monitoring and controlling a project include:.
Align objectives with organizational goals and those of the project acceptors, while proactively identifying risks by project. ... .
Monitor, measure and report. ... .
Refine your measurements as you learn and grow..

What is project monitoring and control tools?

What Is Project Monitoring and Control? Project monitoring and control helps you measure project performance. Use the process to look at the project plan, review project status, identify potential problems, and implement changes when necessary. This phase coincides with the execution phase of the project lifecycle.

What are the 3 project control methods?

The 5 project management controls.
Schedule. Increasing visibility into your project schedule helps you know you're proceeding along your project timeline. ... .
Resource. Every project depends on resources—things like time, money, or project team member availability. ... .
Risk. ... .
Change. ... .
Performance..