The Final Step in the Project Control Process for Measuring

question 21

Multiple Choice

The final step in the project control process for measuring and evaluating project performance is to

• A)Take appropriate action.
• B)Prepare a report to top management.
• C)Follow up on corrective action.
• D)Measure progress and performance.
• E)Review spending with team members.

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Definitions:

Computer Programs

The sequences of instructions for the computer, which comprise software.

User Requirements

Specifications or conditions defined by users that a system, product, or service must meet to be considered satisfactory.

Economic Feasibility

Assessment of the financial aspects of a project or system to evaluate whether the projected benefits outweigh the costs, ensuring it is economically viable.

Financial Risk

The possibility of losing money on an investment or business venture.