Project Monitoring and Control is an important activity in the business world, with a well-defined definition applicable to all kinds of companies. Put simply, it is the process of tracking and managing a project throughout its life cycle, from conception to completion. This includes tracking progress, identifying risks and taking corrective action to ensure that the project stays on track and achieves its desired outcome. The goal of project monitoring and control is to maintain the quality and integrity of the project, while ensuring that it is completed on time and within budget.

Project monitoring and control involves the use of various tools and techniques, such as Gantt charts, project milestones, project budgets, risk management and issue tracking. These tools allow a project manager to track and monitor progress, address issues and risks, and make necessary adjustments to the project plan in order to keep the project on track.