Street paving costs have overrun the weekly plan. The team asks when the overrun must be escalated rather than handled informally. Where do predictive projects typically define those trigger points?
Select an answer to reveal the explanation.
Short Explanation
Variance thresholds are the speed-limit signs in the management plan — they say how far paving costs can drift before you must escalate. Suggestion boxes and social posts are noise, not control rules. The plan turns a calculated overrun into a required action.
Full Explanation
Management plans for cost and schedule typically include variance thresholds that define when calculated overruns or slips require escalation or corrective action. For a paving overrun, those thresholds convert performance data into governance action. Informal channels and unrelated documents do not define predictive control triggers.