Multiple Choice QuestionA 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.project management information system (PMIS)baseline Gantt chartsproject sponsor’s targetswork breakdown structure (WBS)/organization breakdown structure (OBS)analogous project estimates from previous projects

The correct answer is "work breakdown structure (WBS)/organization breakdown structure (OBS)".

Here's why:

The project network schedule is derived from the work breakdown structure (WBS) and the organization breakdown structure (OBS). The WBS breaks down the project into smaller, manageable tasks, while the OBS identifies the organizational units responsible for each task. This serves as the baseline to compare against actual performance.

The other options are not correct because:

• The project management information system (PMIS) is a tool that provides project managers with the ability to organize and manage the project's information.
• Baseline Gantt charts are used to represent the project schedule and track its progress, but they are not used to derive the project network schedule.
• The project sponsor’s targets are the goals set for the project, but they do not serve as the baseline for the project network schedule.
• Analogous project estimates from previous projects can be used to inform the project schedule, but they are not used to derive the project network schedule.