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PK0-004 · Question #34

The executive sponsor asks a project manager to summarize the following for a project: 1. Final capital expenditures 2. Anticipated cost of new employee resources to support the solution 3…

The correct answer is A. Cost baseline. Estimates become final once you determine the cost baseline.

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Question

The executive sponsor asks a project manager to summarize the following for a project: 1. Final capital expenditures 2. Anticipated cost of new employee resources to support the solution 3. Maintenance estimates Which of the following information should the project manager provide?

Options

  • ACost baseline
  • BBurn rate
  • CCost variance report
  • DTotal project cost

How the community answered

(37 responses)
  • A
    95% (35)
  • C
    3% (1)
  • D
    3% (1)

Explanation

Estimates become final once you determine the cost baseline.

Topics

#cost baseline#capital expenditure#project costs#financial planning

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