Importance of project monitoring evaluation and control

[Jahangir147]

Companies waste an average of 9.9% of the money invested in each project due to poor performance. However, project monitoring, evaluation, and control are three parts of the same tool. Together, they improve the overall effectiveness of a project. For example, project monitoring helps detect and resolve problems before it's too late.

Thus, it is clear how this stage of project monitoring, as well as its sub-stages, can benefit rcs data iran the entire project and lead to better results. In summary, project monitoring, evaluation, and control are essential aspects of project management for several reasons:

They help to better guarantee the success of a project by verifying that the project stays on the right course and achieves the expected objectives and results,
They help identify problems earlier, so project managers can develop plans to address and correct them,
They optimize resources by ensuring that they are always used efficiently,
They encourage accountability within teams by specifying everyone's tasks and responsibilities,
They enable project managers to identify project deviations and gaps more quickly before they escalate into larger issues.