Planning must be done before performing any function. A schedule is a time-phased plan. The principal uses of schedules in the implementation process are outlined in the textbook. The list below contains some items which might have come from the section entitled, After Completion of Project. Which one(s) is/are correct?
A) Permits a review and analysis of the project as actually carried out.
B) Provides an accurate trail of expenses as budgeted.
C) Provides historical data for improving future planning and estimating.
D) All the above.
E) "A" and "C" only

Question

Quizplus · Accepted Answer

The items listed relate to the benefits of schedules after the completion of the project. The schedule allows for a review and analysis of the actual project which can be used for improving future planning and estimating. Therefore, options A and C are correct while option B is not accurate as it refers to tracking budgeted expenses and not actual expenses. So, the best choice is "E" which includes options A and C only.

Planning Must Be Done Before Performing Any Function