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Chapter 15. Analyzing Progress and Revis... > Project Management Overview

Project Management Overview

Chapter 14, “Tracking Work on the Project,” examines the important process of recording actual work and cost for a project. This chapter looks at using the information you get as a result of that effort. Microsoft Project offers a number of techniques for evaluating the status of a project and for comparing actual performance with the scheduled performance and with the planned performance, as captured in the baseline.

The iterative process model of project management supported by Project Management Institute (PMI) involves steps for initiating, planning, executing, controlling, and closing. The controlling aspect of the model requires the project manager to step back from the project and ask, “How are we doing?” After evaluation, it is often necessary to implement a change control, which requires a return to planning before reexecuting work. This then completes the feedback loop of the process model.



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