Final answer:
True, cost and schedule should be formally tied together at the work package level in project management, ensuring that resources and time are effectively managed, which in the case of the 'Better Together' project, was a significant challenge due to staff multitasking and funding threats.
Step-by-step explanation:
It is indeed true that cost and schedule should be formally tied together at the work package level in project management. This integration ensures that project work is adequately funded and completed on time. In relation to the 'Better Together' project, despite clear timelines set for planning and training, the staffing challenges and competition with other projects made it difficult to maintain this coupling of cost and schedule. When staff members are involved in multiple projects, as with the project team of a project coordinator, associate, and monitoring and evaluation coordinator handling various tasks, it highlights the importance of having dedicated staffing and clear task assignments. Particularly with the threat of funding cuts, an inherent risk under the Trump administration's more conservative approach, ensuring that resources are adequately allocated and schedules are managed becomes even more critical.