We have now moved from thestage to thepart of project management. Following good project management practices, we have. How is a project baseline used to guide the execution of the projects work, to evaluate progress and performance, and to control the project?Also, as you continue to think about monitoring and controlling the project, specifically consider the question: How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress?Discuss the importance of communication and information exchange to project success. What are the crucial features and elements of effective communication and information exchange in successful projects?