23.4. Portfolio Monitoring and Controlling Processes
Monitoring and controlling processes are used to measure and monitor progress to identify variances from the baseline documentation so that corrective action can be taken to meet portfolio objectives. The processes contained in this group are developed and implemented at the start of the portfolio initiation processes, but they are defined in this process because they are applied from start to finish of the project.
Monitoring and controlling consists of those processes performed to observe portfolio execution, so that issues, risks, and potential problems may be identified in a timely manner and corrective action can be taken. The key benefit of these processes is that portfolio performance ...
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