Question

______________ processes are done during project monitoring and controlling functions whereas ______________ is done during the initiating and planning phase.

Answer 1

1. Control processes are set during the monitoring and controlling function of a process. These control processes involve: cost control, calculating the VaR and staying within that, improving the. It even involves the level of risk that the project can take and the scope of that risk, proper communication with stakeholders is also a process done during monitoring and controlling

2 During the initiation and the planning phase, the key process that is done is to define the scope of the project, expected cost estimation, time the project will take, determining the key stakeholders, various milestones that the project has, the cushion that the project needs.