Why is the generic four-stage control cycle useful for understanding how to monitor and control projects?
One of the more difficult
challenges of project control is finding a way to accurately measure
progress. The four-stage cycle
breaks project down into specific goals that can be measured against the
project baseline. Deviations from
the planned budget or time line can be identified and corrected swiftly. The fact that it is a cycle, implying
repetition of the process, demonstrates the constant need for project
monitoring and control measures.
The final step in the cycle is to recycle the process resulting in
continuous project control.
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