In controlling projects, data on actual project performance is (circle all that apply):
A) tallied through the project cost accounting system
B) sent from the project manager to work package supervisors
C) accumulated for every work package
D) combined for several projects to determine an average level of performance
E) accumulated from time cards and invoices

Question

Quizplus · Accepted Answer

A) The project cost accounting system is a key tool for tracking actual costs against budgeted costs, thus providing data on project performance. C) Accumulating data for every work package allows for detailed tracking and control at a granular level, ensuring that any deviations from the plan are identified and addressed promptly. E) Time cards and invoices are primary sources of actual cost data, which are essential for monitoring project performance in terms of both time and financial resources.

In Controlling Projects, Data on Actual Project Performance Is (Circle