Reference: https://www.pmi.org/learning/library/pm-decision-making-analysis-in…

Explanation:
Expenditure tracking includes measuring the project spending to date, determining the burn rate (or how fast you’re going through the money), and tracking expenditures to the cost baseline so that stakeholders can see what was planned versus what was actually spent on the project.

Explanation:
Gantt charts can show milestones, deliverables, and all the activities of the project including their durations, start and end dates, and the resources assigned to the task. Gantt charts typically display the tasks using a horizontal bar chart format across a timeline. I know project managers who have constructed Gantt charts for small projects using only a spreadsheet.

Explanation:
You’ll use several strategies when determining both negative risks and opportunities and formulating your response plans. The strategies to deal with negative risks include the following:
– Avoid: Avoiding the risk altogether or eliminating the cause of the risk event
– Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on
– Mitigate: Reducing the impact or the probability of the risk
– Accept: Choosing to accept the consequences of the risk

Explanation:
Scope creep involves changing the project or product scope without having approval to do so and without considering the impacts that will have on the project schedule, budget, and resources.