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Ned is the project manager for his organization. Ned is using a standard tool to capture, store, and distribute information to the stakeholders about the project costs, schedule, and performance. What term is assigned to this communication tool?
Correct Answer: C
Explanation/Reference: Explanation: This is simply an example of a reporting system. It can be part of the project management information system, but for your examination, the PMBOK acknowledges this tool directly as part of project performance reporting. Reporting system is a tool and technique used for reporting performance. It is a standard means to store, capture, and give out the information to the stakeholders about the project costs, performance, and schedule. Incorrect Answers: A: The project management information system does more than just communicating the performance. It is a tool to help the project manager plan and monitor the project. B: Table reporting is one output of a reporting system, not the entire system. D: The PMBOK does not mention a communications management system.