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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is Project Follow-Up
What is Project Follow-Up  

What is Project Follow-Up



 
 

Project Follow-up is a general process for controlling and monitoring status of project work to ensure that the project is performed on schedule, within budget and as per requirements. It uses feedback on costs, schedules, requirements, employee performance, and other critical factors to determine project success.

The key goal of the follow-up process is to monitor the course of a project and adjust project activities when needed to ensure effectiveness of project results. The process achieves this goal by performing the following 6 steps:

  • Managing variances to confirm there is no uncontrolled change that causes project instability
  • Controlling scope to ensure the project is performed within accepted boundaries and requirements.
  • Monitoring spending to avoid cost overruns and budget failure
  • Responding to risks to keep the project feasible and effective
  • Assuring quality to ensure customer acceptance of deliverables
  • Controlling schedules to prevent delay and procrastination

The project follow-up process starts with the beginning of project activities, lasts throughout project implementation, and ends up with completion of project goals. Another name of this process is project delivery management.

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