Managing Projects with Microsoft® Visual Studio® Team System

Summary

We reviewed the two process groups in the PMBOK for monitoring and controlling project execution. The first process group, Directing and Managing Project Execution, consists of performing work as specified in the project management plan. The second process group, Monitoring and Controlling Project Work, involves observing project execution and measuring project performance to identify issues in a timely manner and take corrective action as needed.

We explored the two types of variance that can occur on a project: common cause variance and special cause variance. Common cause variance is normal part of every project and requires no corrective action. Special cause variance, on the other hand, indicates something out of the ordinary that ...