BSBPMG514: Australaisa International School - Project Management

Internal Code: MAS6576

Project Management:

Questions: 1) What does monitoring your actual expenditure against your budget allows you to do? 2) What are financial management processes and procedures? Give examples. 3) Before the monitoring process, what needs to be determined? 4) What is a critical path schedule and how can it be used to monitor expenditure? 5) What is a KPI? 6) Give examples of KPIs that may be used in the assessment of project expenditures. 7)Explain how you would monitor the actual expenditure on your example project.