A project’s cost baseline is different from the project budget primarily because:

Project Management (PMP) Medium

Project Management (PMP) — Medium

A project’s cost baseline is different from the project budget primarily because:

Key points

  • Management reserves are a key differentiator between the two concepts
  • The cost baseline is a more detailed breakdown of costs
  • The project budget provides a broader financial overview
  • Inclusion of management reserves affects overall budgeting

Ready to go further?

Start full exam Practice more questions

Related questions