What is a key business value of implementing processes in the Monitor and Control (MC) practice area?

Implementing processes in the Monitor and Control practice area primarily serves to increase the probability that performance objectives will be met. This is achieved by establishing a structured approach for assessing progress against set goals, identifying any deviations from the plan, and ensuring that the team remains aligned with the project's objectives.

In a robust Monitor and Control process, organizations can actively track performance metrics and other key indicators, which provides crucial insights into whether the project is on course to achieve its intended outcomes. These insights enable informed decision-making and timely interventions, thus enhancing the likelihood of meeting both qualitative and quantitative targets.

Processes in this area typically include the collection and analysis of data, which informs stakeholders about the current status of the project and its alignment with overall business goals. As a result, this proactive approach not only helps in addressing issues before they escalate but also reinforces accountability and enhances overall project performance.