About This Chapter
Traceability & Monitoring in Business - Chapter Summary
If you need an overview of traceability and monitoring in business, take a look at this convenient online chapter. Work through this series of lessons to review the monitoring and controlling phase of project management, tracking techniques, the planned change process and much more. When you're finished reviewing these lessons, you'll be able to:
- Explain project management's monitoring and controlling phase
- Understand effective tracking and performance measurement techniques
- Recognize examples of traceability matrix requirements
- Define the concepts of versioning and traceability
- Summarize the planned change process
- Identify factors that affect change control
- Outline the product lifecycle management process
Accompanying each lesson is a short quiz to help you solidify your understanding of important terms and concepts. The chapter is available at any time, and it can be accessed on any device that has an Internet connection. If you have any questions, simply submit them to our expert business instructors online.
1. Monitoring & Controlling Phase of Project Management
A review of this lesson focuses on an overview and definition of the monitoring and controlling phase of the project management methodology and process.
2. Performance Measurement & Tracking Techniques
Welcome to performance measurement, where you will learn the importance of keeping track of all the key drivers that will keep your project on time and on budget.
3. Requirements Traceability Matrix: Definition & Example
A project cannot be successful if the deliverables produced don't have clear alignment with business needs. This alignment is best planned and maintained using a requirements traceability matrix. Learn about requirements traceability matrices in this lesson.
4. The Planned Change Process
Change is one of the most challenging events an organization will go through. This lesson describes the steps of the planned changed process, which include recognizing the need for change, developing change goals, appointing a change agent, assessing the current climate, developing and implementing a change plan and evaluating the plan's success.
5. Factors Affecting Change Control
The lesson will define the phrase change control and discuss how environmental factors, organizational factors, and business asset factors each affect change control.
6. Product Lifecycle Management: Definition, Process & Tools
This lesson will discuss the basics of product life cycle management. Most products that are developed go through some sort of life cycle management. Examples would be products such as cars, computers, heavy equipment, aircrafts, etc. Product life cycle management, or PLM, is seen in product that have a long develop time or long life span.
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Other chapters within the PMI-PBA® Certification Exam Study Guide - PMI Professional in Business Analysis course
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- Business Analysis Planning
- Business Analysis Methods
- Types of Business Analysis & Management Models
- Business Analysis Tools & Techniques
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