In project management, _______ ensures that resources are used efficiently and effectively throughout the project lifecycle.
- Closing
- Execution
- Monitoring
- Planning
Monitoring is the process of tracking project progress, identifying any deviations from the plan, and making necessary adjustments to ensure that resources are utilized efficiently and effectively. It involves regularly reviewing project performance, comparing it to the planned objectives, and taking corrective actions as needed to keep the project on track. Monitoring helps project managers identify issues early on and address them before they escalate, ultimately contributing to the successful completion of the project.
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