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Software Project Management under Uncertainties
Analysis of Software Project using Event Chains Methodology
Step 4: Monitoring the Course of the Project
To track project performance, the project manager should input the completion percentage of a particular task and the date and time when this measurement occurred. The results of tracking a specific task are shown on Fig. 6. Using this chart, the manager can easily compare actual data with the baseline and calculated results. As soon as the project manager inputs a new percentage of work done, a Monte Carlo simulation can be performed and a new forecasted task duration and finish time will be calculated.
Fig. 6. Tracking and forecasting of performance for the specific task
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