This document discusses project cost and time monitoring and its effect on the progress of construction projects. It begins with an introduction to project monitoring, describing it as an ongoing process to generate information to support decision making. It then discusses the results of a questionnaire survey conducted with professionals in various construction sectors. The survey found that in the real estate sector, more importance is given to cost monitoring compared to time and quality. It also found that the level of importance given to monitoring time, cost and quality varies between different construction sectors. The document concludes that successful project monitoring can help relate project monitoring to progress, but monitoring tends to decrease as projects progress, which can lead to delays, cost overruns and missed deadlines.