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4 - PROJECT INTEGRATION MANAGEMENT

4.4.1.7 organizational Process Assets

Described in Section 2.1.4. The organizational process assets that can influence the Monitor and Control Project
Work process include, but are not limited to:

• Organizational communication requirements;
• Financial controls procedures (e.g., time reporting, required expenditure and disbursement reviews, 4
accounting codes, and standard contract provisions);

• Issue and defect management procedures defining issue and defect controls, issue and defect
identification, and resolution and action item tracking;

• Change control procedures, including those for scope, schedule, cost, and quality variances;
• Risk control procedures including risk categories, probability definition and impact, and probability and
impact matrix;
• Process measurement database used to make available measurement data on processes and products;
and

• Lessons learned database.

4.4.2 Monitor and control Project Work: tools and techniques

4.4.2.1 Expert Judgment

Expert judgment is used by the project management team to interpret the information provided by the monitor
and control processes. The project manager, in collaboration with the team, determines the actions required to
ensure that project performance matches expectations.

4.4.2.2 Analytical techniques

Analytical techniques are applied in project management to forecast potential outcomes based on possible
variations of project or environmental variables and their relationships with other variables. Examples of analytical
techniques used in projects are:

• Regression analysis,
• Grouping methods,

• Causal analysis,

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