Artifacts #
What this step produces.
Work Performance Reports #
Documents that turn performance data into status, progress and forecasts for stakeholders. They show where the project stands against the plan.
Project Forecasts (EAC, ETC) #
Estimates of the final project cost (EAC) and the remaining cost to finish (ETC) based on current performance. They show whether the budget will hold.
Variance Analysis Report #
A report comparing planned and actual results, explaining the causes of gaps. It helps decide what corrective action is needed.
Techniques #
Techniques used in this step.
Earned Value Analysis #
A method that compares planned value, earned value and actual cost to measure schedule and cost performance together. It gives an objective view of project health.
Explained in this article: Trend Analysis · Reserve Analysis · Stage Tolerance and Exception Escalation