The answer is monitoring and controlling.
The Monitoring and Controlling process controls all actions and metrics required to guarantee that the approved and authorized project remains within scope, on schedule, and within budget, allowing the project to proceed with little risk.
The project monitoring and control phase takes place concurrently with that of the execution phase of the project life cycle. Monitoring and managing your project entails actively analyzing the state of your project as it progresses, evaluating any roadblocks, and applying appropriate modifications.
Organizations must balance various duties during this phase, including sticking to the timeline, maintaining under budget, avoiding scope creep, and managing risk. Here's a rundown of the simultaneous activities you'll need to priorities in project management while monitoring and regulating.
Therefore, the blank will be filled by monitoring and controlling.
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