The 'measured mile' approach is used to compare project performance by measuring which of the following?

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Multiple Choice

The 'measured mile' approach is used to compare project performance by measuring which of the following?

Explanation:
The measured mile approach focuses on cost performance by comparing the actual cost to complete a fixed, identical unit of work across periods. By holding the quantity constant (one mile of work, for example), you control for changes in scope, so any difference in cost reflects cost efficiency or productivity, not more or less work being done. This makes it the best way to gauge whether spending per unit is improving or degrading. It’s not about how much work has progressed overall, nor about measuring distance or using a Schedule of Values for payments.

The measured mile approach focuses on cost performance by comparing the actual cost to complete a fixed, identical unit of work across periods. By holding the quantity constant (one mile of work, for example), you control for changes in scope, so any difference in cost reflects cost efficiency or productivity, not more or less work being done. This makes it the best way to gauge whether spending per unit is improving or degrading. It’s not about how much work has progressed overall, nor about measuring distance or using a Schedule of Values for payments.

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