A major goal of progress reporting is to catch any negative variances from plan as early as possible to determine if corrective action is necessary. The project network schedule, derived from the ______, serves as the baseline to compare against actual performance.Multiple choice question.work breakdown structure (WBS)/organization breakdown structure (OBS)project sponsor’s targetsproject management information system (PMIS)analogous project estimates from previous projectsbaseline Gantt charts
Question
A major goal of progress reporting is to catch any negative variances from plan as early as possible to determine if corrective action is necessary. The project network schedule, derived from the ______, serves as the baseline to compare against actual performance.Multiple choice question.work breakdown structure (WBS)/organization breakdown structure (OBS)project sponsor’s targetsproject management information system (PMIS)analogous project estimates from previous projectsbaseline Gantt charts
Solution
The correct answer is "work breakdown structure (WBS)". The work breakdown structure (WBS) is a key project deliverable that organizes the team's work into manageable sections. The Project Management Body of Knowledge (PMBOK) defines the work breakdown structure as a "deliverable oriented hierarchical decomposition of the work to be executed by the project team." This simply means that the WBS breaks down the project into smaller components that can be managed and estimated more easily. The project network schedule is derived from this WBS and serves as the baseline to compare against actual performance.
Similar Questions
The network diagram chart is the most favored, used, and understandable option for reporting project progress to upper management.True false question.TrueFalse
The Work Breakdown Structure (WBS)Group of answer choicesBreaks down the tasks needed to complete the project into the level of detail for accurate calculation of schedule and budgetDescribes the assumptions and constraints associated with the scope of the projectInvolves a sequential breakdown of tasks to be completed for the projectDefines the major tasks needed to complete the project
What is the major goal of progress reporting?Multiple choice question.To determine whether corrective action is necessaryTo determine authority over the projectTo determine what data to collect
Project progress reports are designed and communicated in:Multiple choice question.written or oral form.person.written form only.
Which project planning document organizes the work along a visual timeline so the PM can develop a project schedule?Risk management planProject charterGantt chartWork breakdown structure (WBS)
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