nerdexam
BCS-ISEB

ISEB-PM1 · Question #408

Providing forecasts to update current cost and schedule information is a part of which process?

The correct answer is D. Monitor and Control Project Work. Monitor and Control Project Work (D) is correct because this process is specifically responsible for tracking, reviewing, and reporting overall project progress against the performance baseline - which includes providing forecasts to update cost and schedule information as the…

Project Control

Question

Providing forecasts to update current cost and schedule information is a part of which process?

Options

  • APerform Integrated Change Control
  • BDirect and Manage Project Execution
  • CMonitor and Control Risks
  • DMonitor and Control Project Work

How the community answered

(23 responses)
  • A
    4% (1)
  • B
    13% (3)
  • C
    9% (2)
  • D
    74% (17)

Explanation

Monitor and Control Project Work (D) is correct because this process is specifically responsible for tracking, reviewing, and reporting overall project progress against the performance baseline - which includes providing forecasts to update cost and schedule information as the project evolves.

Why the distractors are wrong:

  • (A) Perform Integrated Change Control handles reviewing and approving/rejecting change requests - it responds to changes but doesn't generate forecasts.
  • (B) Direct and Manage Project Execution is about actually doing the work defined in the project plan, not monitoring or forecasting performance.
  • (C) Monitor and Control Risks focuses specifically on tracking identified risks and identifying new ones - it doesn't encompass the broader cost/schedule forecasting function.

Memory tip: Think of "Monitor and Control Project Work" as the project's dashboard process - it's where you look at where you are, compare it to where you planned to be, and project where you'll end up. Forecasts (EAC, ETC) are dashboard outputs. If a question mentions forecasts, variances, or performance reports at the project level, think D.

Topics

#cost forecasting#schedule forecasting#monitor and control#performance reporting

Community Discussion

No community discussion yet for this question.

Full ISEB-PM1 Practice