A cost baseline is a(n)____ budget that project managers use to measure and monitor cost performance.
A) incidental
B) basic
C) time-phased
D) incremental

Question

Quizplus · Accepted Answer

A cost baseline is a time-phased budget that represents the cost approved for the project. It is used as a measure and basis for comparison to measure the project's cost performance over time. The other choices, incidental, basic, and incremental, do not accurately describe the purpose or characteristics of a cost baseline in project management.

A Cost Baseline Is A(n)____ Budget That Project Managers Use