Analyzing cost overruns to determine their cause is an example of
A) planning.
B) control.
C) decision making.
D) both a and c.

Question

Quizplus · Accepted Answer

Analyzing cost overruns falls under the control function of project management, as it involves monitoring and taking corrective actions to ensure that the project stays within budget. While decision making is involved in determining how to address the root cause of the cost overruns, it is primarily a control function. Planning involves defining the project scope, objectives, and activities, and setting budgets and timelines, which are activities that occur before cost overruns can happen.

Analyzing Cost Overruns to Determine Their Cause Is an Example