What product would enable the Project Manager to review how a Work Package is performing against its cost tolerance?
Click on the arrows to vote for the correct answer
A. B. C. D.D.
The product that would enable the Project Manager to review how a Work Package is performing against its cost tolerance is the Checkpoint Report.
The Checkpoint Report is a regular progress report submitted by the team manager to the project manager at pre-defined intervals or checkpoints. It summarizes the current status of the work package, including progress achieved, issues encountered, and costs incurred.
The report includes information on the forecasted cost of the work package and how it is performing against its cost tolerance. It provides a comparison between the actual cost and the planned cost for the work package, enabling the project manager to identify any cost overruns or savings. The report also highlights any variances that need to be addressed, along with any corrective actions taken or planned to address them.
The Configuration Item Record is a record of the configuration item that has been developed as part of the project. The Quality Register is a record of all the quality checks that have been carried out during the project. The Highlight Report is a summary of the project's overall progress and highlights any significant achievements or issues. Therefore, none of these products would provide the required information to review the work package's performance against its cost tolerance.