Answer to Question #224273 in Management for Abrham Bisrat

Question

Discuss why project monitoring and evaluation is very important in today’sproject environment. How do you differentiate between project monitoring, project evaluation and project control?

Answer 1

Monitoring and evaluation assist project managers in maintaining track of the project's implementation as well as its prudence in resource usage. It offers decision-makers a strategy for project sustainability and advice for future initiatives.

Monitoring is an organized method of supervising and checking the actions carried out in a project to determine whether or not it is capable of attaining the desired objectives. Evaluation, on the other hand, is a scientific procedure that determines the effectiveness of a project or program in fulfilling its objectives.

Control employs monitored data and information to bring actual performance in line with the plan.