Reference no: EM133494737

Case Study: "Project tracking is important since it makes it easy to identify any likely concern which would hinder project success. It also allows project team members to be at par with project goals and deadlines. Various approaches are used to track a project's progress but are not limited to the following.

My approach to tracking a project will be to use the agile methodology. With Agile, a project is broken down into small manageable stages and allows room for consistent participation of stakeholders and constant advancement and repetition. This approach allows for speed and coordination (Ost, K., Blalock, C., Fagan, M., Sweeney, K. M., & Miller-Hoover, S. R. (2020). It assures a high-quality final product. It also guarantees suitable risk management. The agile methodology gives a platform where transparency and visibility are guaranteed; thus, nothing is hidden from any project stakeholder; what they see is what they get. It also ensures flexibility to change.

Question:

• Issues to be on focus as a project manager and rational.
• Is the project progressing on time? And has it been concluded on time?
• Time is a deal breaker in any and every project. A project is successful when it is completed on time, and the reverse is true.
• Is the project concluded according to or within the stipulated budget?
• Finances are a very critical factor in a project's success. If a project is completed without stretching finances beyond what was planned, then it is considered a success.
• Does it offer the value it promised to give upon completion?
• Every project has goals and objectives it sets out to achieve that are well outlined when initiating a project; when they are delivered as expected, the project succeeds.