Fundamentals of Project Monitoring and Control | Free Course | Alison
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Fundamentals of Project Monitoring and Control

Free online course on project monitoring and control, earned value analysis, baseline budget, & performance statistics.

Project Management
Free Course
This free online course on the Fundamentals of Project Monitoring and Control provides an in-depth understanding of how to prioritize and monitor projects. You will learn about how to visualize work scheduling using different charts as well as how to analyze earned value and baseline budget. You will also be introduced to contract management and project closure elements. Start this course today and learn more about project monitoring and control.
  • Duration

    4-5 Hours
  • Certification

    Yes
  • Mobile Friendly

    Yes
  • Publisher

    NPTEL
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

This free online course on the Fundamentals of Project Monitoring and Control will begin by discussing the importance of monitoring the progress of a project. You will learn about project reporting structures, as well as how to assess the progress of a project. You will learn about different aspects of project monitoring and control, as well as why it is important to collect the progress details of a project such as achievements and cost. You will also learn how to visualize work schedules using Gantt chart, slip chart, and timeline chart.

This course will then discuss the concepts of earned value analysis and baseline budget. You will learn about monitoring earned value which involves calculating the performance statistics based on schedule variance (SV), time variance (TV), cost variance (CV) and performance ratios. You will learn about the two commonly tracked performance ratios which are cost performance index (EV/AC) and schedule performance index (EV/Pv).

Lastly, this course will teach you about activities that need prioritizing which include critical path activities, activities with no free float, activities with less than a specified float, as well as high-risk activities and activities using critical resources. You will learn about change control and software configuration management, contract management as well as the stages in contract placement. You will also learn about project closure. Start this course today and improve your knowledge of project monitoring and control.

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Learning Outcomes

Having completed this course, you should be able to:


  • Analyze the project control cycle.
  • Define the partial completion reporting method.
  • Explain how to carry out the project review.
  • Identify the various ways to visualize the progress of a project.
  • Identify the change control procedure.
  • Explain the different stages in contract placement.
  • Discuss the typical terms of a contract.
  • Analyze the reasons for project closure.
  • Identify the steps for closure of a project.

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certificates for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.

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