In applying the principle of common cause variation to the theory of CCPM,it is important to:
A)not make adjustments to projects when the variation in project performance lies within the range of common-cause variance.
B)immediately call meetings for all key stakeholders if common cause variation is detected.
C)include special cause variation in project risk simulation since there is a chance it may occur.
D)perform risk management on aggregated project risks.

Question

Quizplus · Accepted Answer

The principle of common cause variation suggests that when variation in a process or project is due to normal, random fluctuations in the system, no action should be taken to try and correct the issue. Instead, the variation should be observed and monitored to ensure that it remains within an acceptable range. In the context of CCPM, this means that if the project is experiencing common cause variation, meaning that the variation in performance is within the expected range, it is not necessary to make adjustments. Waiting and monitoring the situation can help avoid unnecessary changes that could cause additional problems. Therefore, the best choice is A.

In Applying the Principle of Common Cause Variation to the Theory