Final answer:
The statement is true; establishing benchmarks is a critical part of the project control cycle, used to measure progress and performance.
Step-by-step explanation:
The statement that the project control cycle includes establishing benchmarks is true. Establishing benchmarks is indeed a fundamental part of the project control cycle. Benchmarks serve as reference points against which the project's progress and performance can be measured. They are critical for assessing whether the project is on track, whether it is advancing towards its goals, and if the outcomes meet the set standards of quality and efficiency. Typically, benchmarks are determined during the planning phase and may include project timelines, cost estimates, key deliverables, and quality metrics. By continuously monitoring the project against these benchmarks, project managers and their teams can identify deviations from the plan and take corrective actions to realign with the project objectives.