What is a Project Monitoring and Control Plan?
A Project Monitoring and Control Plan outlines the steps and processes that need to be taken to ensure the successful completion of a project. It is the framework that project teams follow to ensure that the project is on track and that all objectives are met. It can include a variety of elements, such as risk management, quality management, and cost management, and it provides a roadmap to success.
What's included in this Project Monitoring and Control Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Project Monitoring and Control Plan template for?
This Project Monitoring and Control Plan Template is designed to help project managers and teams create a plan for monitoring and controlling project activities to ensure success. The template is flexible and can be tailored to fit any project, allowing for customization to fit the specific needs of the team. The template provides guidance on setting objectives, developing measurable targets (KPIs), and implementing related projects.
1. Define clear examples of your focus areas
When creating a Project Monitoring and Control Plan, it is important to define the focus areas that you will be addressing. Focus areas are the broad categories that will be addressed in the plan. Examples of focus areas that can be included in a Project Monitoring and Control Plan include Risk Management, Quality Management, and Cost Management.
2. Think about the objectives that could fall under that focus area
Once you have identified the focus areas, the next step is to set objectives that fall under each focus area. Objectives are the specific goals or targets that you want to achieve with the plan. Examples of some objectives for the focus area of Risk Management could be: Monitor Project Risk, and Manage Risk Effectively.
3. Set measurable targets (KPIs) to tackle the objective
Once objectives have been identified, it is important to set measurable targets (KPIs) to help track progress and ensure that the objectives are being met. KPIs are measurable targets that can be used to track progress towards the objectives. An example of a KPI for the focus area of Risk Management could be: “Generate risk log by Apr 27th”.
4. Implement related projects to achieve the KPIs
In order to achieve the KPIs, it is important to implement related projects. Projects are the activities that need to be completed in order to achieve the KPIs. An example of a project related to Risk Management could be: Create a Risk Management Team.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Once the Project Monitoring and Control Plan has been developed, the Cascade Strategy Execution Platform can be used to accelerate the results of the plan. The platform is a powerful tool that allows teams to easily track progress and ensure that objectives are being met. It also provides an easy way to make changes to the plan as needed, allowing for quick adaptation to changing circumstances.