ECON 445
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ECON 445 1
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1. Monitoring cost expended to date in order to detect variances from the plan occurs 
during: 
A. Updating the cost baseline 
B. Project performance reviews 
C. Recommending corrective actions 
D. The creation of the cost change control system 
The correct answer is B. 
Recommending corrective actions and possible updates to the cost baseline result from project 
performance reviews, they are not concurrent with them. Monitoring costs is part of change 
control, but not part of creatin...
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1. Monitoring cost expended to date in order to detect variances from the plan occurs 
during: 
A. Updating the cost baseline 
B. Project performance reviews 
C. Recommending corrective actions 
D. The creation of the cost change control system 
The correct answer is B. 
Recommending corrective actions and possible updates to the cost baseline result from project 
performance reviews, they are not concurrent with them. Monitoring costs is part of change 
control, but not part of creatin...