Monitor commitments against those identified in the project plan.

Resource commitments that result in expenditures (e.g., issued purchase orders and completed supplier deliverables that are accepted) are tracked when the expense is incurred, even prior to formal payment, to ensure that future financial and legal obligations are accounted for as soon as they are incurred. Commitments that do not result in expenditures (e.g., allocation of resources or skill sets) should also be monitored.

Supplier commitments for the project are also monitored by the acquirer through these practices.

Example Work Products

1.    Records of commitment reviews

Subpractices

1.    Regularly review commitments (both external and internal).

2.    Identify commitments that have not been satisfied or are at significant risk of not being satisfied.

3.    Document the results of commitment reviews.