Which PMI phase tracks KPIs, risks, and variances and adjusts plans based on feedback?

Which PMI phase tracks KPIs, risks, and variances and adjusts plans based on feedback?

• A. Planning
• B. Execution
• C. Monitoring & Controlling
• D. Closing

Answer: (C)

Tracking performance and making adjustments as the project progresses is the Monitoring & Controlling phase. This phase focuses on measuring how the project is performing against the plan, identifying deviations in KPIs, cost, schedule, and risks, and using that feedback to steer the project back on track. It involves monitoring risk status, tracking variances, forecasting future performance, and submitting change requests to update plans as needed. Planning creates the roadmap for the project, Execution carries out the work, and Closing wraps things up; none of those primarily emphasize ongoing measurement and adjustment based on actual performance.

Tracking performance and making adjustments as the project progresses is the Monitoring & Controlling phase. This phase focuses on measuring how the project is performing against the plan, identifying deviations in KPIs, cost, schedule, and risks, and using that feedback to steer the project back on track. It involves monitoring risk status, tracking variances, forecasting future performance, and submitting change requests to update plans as needed. Planning creates the roadmap for the project, Execution carries out the work, and Closing wraps things up; none of those primarily emphasize ongoing measurement and adjustment based on actual performance.