You are working on the cost budget for this project. Which of the following is true?

posted 10months ago by Natalie2000
© Copyright: Project Management Professional (PMP) Study Guide by Kim Heldman, Sybex Inc., Alameda, CA, USA, 2002, page 283, question 18
Budget | Cost Baseline | Cost Management

You are the project manager for a custom home-building construction company. You are working on the model home project for the upcoming Show Homes Tour. The model home includes Internet connections in every room and talking appliances. You are working on the cost budget for this project. Which of the following is true?

A. This process assigns cost estimates to project activities including risks and contingency plans.
B. The cost baseline will be used to measure variances and future project performance.
C. This process assigns cost estimates for expected future period operating costs.
D. The cost baseline is the expected cost for the project.