During which process of Project Cost Management does a project manager produce the cost baseline?

The correct answer is C. Determine Budget. The cost baseline is a key output of the Determine Budget process in Project Cost Management. It represents the approved time-phased budget (excluding management reserves) against which project performance is measured and monitored. The cost baseline is produced by aggregating th

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Question

During which process of Project Cost Management does a project manager produce the cost baseline?

Options

AEstimate Costs
BControl Schedule
CDetermine Budget
DDevelop Project Charter

How the community answered

(59 responses)

A
7% (4)
B
2% (1)
C
90% (53)
D
2% (1)

Explanation

The cost baseline is a key output of the Determine Budget process in Project Cost Management. It represents the approved time-phased budget (excluding management reserves) against which project performance is measured and monitored. The cost baseline is produced by aggregating the estimated costs of individual work packages and adding contingency reserves. Option A (Estimate Costs) produces activity cost estimates, not the baseline. Option B (Control Schedule) is a time management process, not a cost management process, and produces no cost baseline. Option D (Develop Project Charter) is an Initiating process and produces the project charter, not the cost baseline.

Topics

#Project Cost Management#Cost Baseline#Determine Budget#PMBOK Processes

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