Project cost control is primarily concerned with?

Project cost control focuses on accurately recording project costs and comparing them against planned performance metrics. This process is essential for ensuring that a project stays within its budget while also meeting its financial objectives. By systematically tracking expenses and comparing them with the planned budget, project managers can identify variances early and take necessary corrective actions.

This approach enables the project team to maintain financial oversight, ensuring that spending aligns with the project’s goals and expectations. It also facilitates informed decision-making, allowing for adjustments in resource allocation or scope to keep the project on track financially.

While other choices touch on aspects related to project management and finances, they do not encapsulate the core principles of project cost control as effectively as the correct answer does.