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- Title
New Methods for Project Monitoring.
- Authors
Grigore, Mihaela Carmen; Ionescu, Sorin; Niculescu, Andrei
- Abstract
Project management process has been widely discussed within the past many years along with various industries around the world. Proper planning has been stated by specialized institutions as being the main key to meeting projects' objectives, respectively projects' success. Past few years' research and debates about project management resulted in having, even more, statements that project monitoring does equally contribute to projects' success or failure. Efficient measurement of project's performance enables early identification of bottlenecks, development of efficient solutions for business decisions, minimizes risks and guides to organization's success. Conducting a systematic and integrated monitoring process by applying the most suitable and cost-effective management model saves projects from failure and engages all relevant stakeholders to project's objectives. The purpose of this paper is to evaluate the main project monitoring methodologies currently applied within most industries at international level and to extract similarities, best practices and most commonly utilized instruments for project monitoring.
- Subjects
PROJECT management; SUPERVISION; AUDITING; BOTTLENECKS (Manufacturing); STAKEHOLDERS
- Publication
FAIMA Business & Management Journal, 2018, Vol 6, Issue 1, p35
- ISSN
2344-4088
- Publication type
Article