Monitoring and Controlling Project is an essential part of project management that helps organizations ensure their projects are being managed effectively. It involves tracking progress, managing resources, facilitating communication between stakeholders, resolving any issues that arise, and ensuring that the project meets quality, budget, and timeline requirements. By monitoring and controlling projects in real time, organizations can achieve higher levels of efficiency and quality while reducing costs to a minimum. Through proactive approaches like risk management, continuous improvement, and standardized processes, organizations can ensure greater success and sustainability with their projects.