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How does tracking and measuring progress benefit a project? Select all that apply.1 pointBuilds confidence that the project will finish on time, in scope, and within budgetMakes project information transparentHelps team members and stakeholders stay on top of deadlines and goalsDisregards new risks so the team can focus on current tasks

Question

How does tracking and measuring progress benefit a project? Select all that apply.1 pointBuilds confidence that the project will finish on time, in scope, and within budgetMakes project information transparentHelps team members and stakeholders stay on top of deadlines and goalsDisregards new risks so the team can focus on current tasks

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Solution

Tracking and measuring progress in a project has several benefits:

  1. Builds confidence that the project will finish on time, in scope, and within budget: By regularly tracking and measuring progress, you can ensure that the project is on track to meet its objectives. This can help to build confidence among team members and stakeholders that the project will be completed as planned.

  2. Makes project information transparent: Tracking and measuring progress can help to make project information more transparent. This can enable all team members and stakeholders to have a clear understanding of the project's status, which can facilitate better decision-making.

  3. Helps team members and stakeholders stay on top of deadlines and goals: Regularly tracking and measuring progress can help to ensure that everyone involved in the project is aware of upcoming deadlines and goals. This can help to keep everyone focused and motivated, and can also help to prevent any last-minute surprises.

The option "Disregards new risks so the team can focus on current tasks" is not a benefit of tracking and measuring progress. On the contrary, tracking and measuring progress can help to identify new risks early, so that they can be managed effectively.

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