CMA Foundation · Fundamentals of Business Economics and Management · Communication, Co-ordination, Collaboration, Monitoring and Control
Which statement correctly distinguishes monitoring from controlling?
Monitoring collects and reports information on how work is progressing, while controlling compares actual performance with standards and takes corrective action on deviations. Monitoring therefore feeds the control process. Saying monitoring means correcting, or that it happens only after completion, reverses or misstates the roles.
- AMonitoring gathers information on progress, while controlling uses comparison with standards to take corrective actionCorrect
- BMonitoring means correcting deviations, while controlling means only recording activities
- CMonitoring is done only after the project is completed, while controlling is done only before it begins
- DMonitoring and controlling are the same activity with identical outcomes
Explanation
Monitoring is the ongoing tracking and reporting of progress. Controlling goes further by comparing actual with standard and taking corrective action. The second option reverses the roles, and the third misstates timing.
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