Task: Manage Financial Plan
Execute, monitor and control financial plan and update if required
Purpose
  • Enforce fiscal discipline.
  • Ensure delivery against the Financial Management Plan approved in the Plan phase, plus any approved Changes.
Relationships
RolesPrimary Performer: Additional Performers:
Process Usage
Steps
Track and monitor all project expenses:
Assess against the Financial Management Plan approved in the Plan phase.
  • Labour
  • Equipment
  • Materials
  • Other
  • Contingency
Alert the project team of any variances.
Update plan subject to any approved changes.