Question

7. With respect to the process for developing a cost baseline, all of the following statements are true except: A. This process assigns cost estimates for expected future operating costs. B. The cost baseline is the time-phased budget at completion for the project. C. This process aggregates the estimated costs of project activities. D. The cost baseline will be used to measure variances and future project performance.

Answer 1

Answer:

The correct option is A.

Explanation:

The cost baseline is the total of cost of work packages and works as reference point, it does not consider the future variances in the activities of the project. Therefore, it does not allocate the cost estimates to the activities of the future operations. It is only used to monitor the planned and the actual cost of the project.