T227 - Chapter 6 - Project Implementation

Project execution, starting with the importance of a start-up meeting to align stakeholders on objectives and communication procedures. It details the Planning-Monitoring-Controlling Cycle, emphasizing that time, cost, and specifications are continuously managed throughout the project lifecycle using a closed-loop system. A significant portion focuses on monitoring progress and reviewing performance through regular meetings and reporting. Finally, it describes Earned Value Management (EVM), introducing key metrics like Planned Value (PV), Actual Cost (AC), and Earned Value (EV) to jointly assess cost and schedule variances, while also briefly mentioning factors that can cause project changes and essential problem-solving techniques.