Components of a Project Charter

As you read this chapter, notice how the project charter defines the preliminary scope, schedule, and budget for the project, effectively paying out the project's anticipated "triple constraint".

Project Management Process Groups

Monitoring and Controlling

The monitoring and controlling process group allows for managing and measuring progress toward the project's MOV and scope, schedule, budget, and quality objectives. Monitoring and controlling processes also allow the project manager and team to measure and keep an eye on project variances between actual and planned results so that appropriate corrective actions can be taken when necessary. Supporting project management processes include scope control, change control, schedule control, budget control, quality control, and a communications plan. The emphasis of monitoring and controlling processes will occur during the execution and control phase of the IT project methodology.