Monitoring/Control reports and reviews in project management deal with several critical aspects to ensure the project remains on track:
I. Scope/Performance: Ensuring that the project meets its defined objectives and deliverables.
II. Business/Financial Impact: Assessing the financial viability and business impact of the project.
III. Schedule/Time: Tracking project timelines and milestones to ensure timely completion.
IV. Budget/Cost: Monitoring project costs to stay within the allocated budget.
These elements are essential for comprehensive project management and ensuring project success.
References: Project Management Institute. (2017). A Guide to the Project Management Body of Knowledge (PMBOK Guide). Project Management Institute.