I believe the relationship between monitoring and numerical analysis should be interactive.
First, you provide the numerical analysis based on the available SI data and numerical models.
Second, site monitoring should provide necessary information to support or verify the numerical analysis results. the effect of the site monitoring should be two fold. When the site movmenet is larger than the predication, it looks like the site conditions is worse than the assumption in the numerical models. we should reexamine our numerical model to see anything wrong with parameters. we can adjust the parameters when necessary. we can even propose more site invesitgation works to verify the site conditions. On site, we also have to have contigency plan to tack the unpredicted situation.
when the site movement is much less than the prediction, it may help to cut some construction materials to save some cost.