Final answer:
Capturing actual costs at the work package level for variance analysis is true and it enables detailed and targeted insights for project management.
Step-by-step explanation:
Capturing actual costs at the work package level for variance analysis is true and it enables detailed and targeted insights for project management. The statement that actual costs must be captured at the work package level so that meaningful variance analysis can be performed is true. Capturing actual costs at the work package level enables project managers to perform detailed variance analysis. This analysis compares the budgeted costs to the actual expenses and allows for the identification of any deviations from the budget. Identifying variances at the work package level provides precise insights into which specific parts of a project are over or under budget, facilitating targeted corrective actions.