The invention relates to a well control project monitoring system comprising a drill floor adjusting device, a drilling tool is inserted into a borehole through the drill floor adjusting device, a sludge circulation system passes through an inner cavity of the drilling tool, circulates in the annular space of the borehole out of a circulation tank and then is pumped into the inner cavity of the drilling tool through a sludge pump to form a closed loop, an anti-spilling pipe is connected to the upper portion of the borehole, the upper end of the anti-spilling pipe is provided with a wellhead sealer, a blowout preventer is arranged at the lower portion of the anti-spilling pipe, a grout pipe and a grout pump sequentially pass through the position between the wellhead sealer and the blowout preventer and then are connected with a sludge tank, the grout pipe is provided with a grout pipe flow sensor, a guide pipe flow sensor is arranged at the position, at a guide pipe of an outlet of the anti-spilling pipe, of the sludge circulation system, and a vertical pipe flow sensor is arranged at an inlet of the sludge circulation system. The well control project monitoring system is stable in performance, can achieve recording and wireless remote transmission of on-the-spot working information in real time, and provides the basis for integration of the spot and a foundation, information sharing, remote control commanding, accident replaying and investigation treatment.