A project tracking system should collect information on three topics for the project manager. What are these topics, why are they important, and what actions can the manager take to address any concerns that surface?

What will be an ideal response?

The three topics are open issues, risks, and the schedule status. Open issues consist of any ideas, concerns, or questions that were raised during the project life cycle that have yet to be resolved. The tracking system should permit easy identification of these unresolved concerns for the manager and team members. Similarly, the tracking system should provide the status of each risk and its potential impact on project completion. These risks can be discussed at each project meeting. Finally, the project tracking system should provide periodic monitoring of slack time in the project schedule to help protect the critical path. As progress is made on all constituent activities, the tracking system should provide current information on the level of risks in the project.