Final answer:
The reasons provided relate to project management activities essential for the successful completion of engineering or business projects, including assessing project status, tracking risks, adjusting workflow, and ensuring quality control.
Step-by-step explanation:
The question asks for reasons why we would conduct several activities related to project management and oversight. The reasons include: assessing the status of an ongoing project, tracking potential risks, uncovering problem areas before they escalate, adjusting workflow or tasks, and evaluating the project team's ability to control the quality of software work products. These actions are crucial in any project to ensure that it proceeds smoothly, stays within budget, and meets its deadlines, which are particularly critical in fields like engineering where missing a deadline can have significant consequences. Furthermore, evaluating project status and risks helps project managers and engineers make informed decisions and facilitates effective multitasking across multiple projects. It is important to make evaluations simple and practical to ensure they are useful and can be understood by all stakeholders. A well-planned evaluation framework can also accommodate necessary changes more easily, contributing to the project's success.