Project calibration means to check if the project is moving in the right directi

Question

Project calibration means to check if the project is moving in the right direction or if there is any changes and adjustments need to be done.

The project control methods can be:

1. Gantt chart: It is a chart which is designed to come up with scheduling and breakdown of activities of a project

2. Data Analytics: This is a project control method where data's are collected and analysed to check if a project is moving in the right direction

3. Enterprise resource planning tools: This is a control tool which is used for planning and execution of projects

Activities involved in project calibration when using control methods can be:

1. While calibrating a project, analysis has been made from what has been agreed as key responsibility areas or outcomes and what has been achieved till date. Gantt chart control method can be used for this

2. The budgeted cost and the actual cost of a project can be analysed through Data Analytics control method

3. Technically if the project is stuck in between the execution, ERP's can be best used for sorting it out

Explanation / Answer

ce and control methods?

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