Which baselines make up the performance measurement baseline?
A.
Scope baseline, cost baseline, and schedule baseline
B.
Scope baseline, project management baseline, and quality baseline
C.
Cost baseline, schedule baseline, and risk baseline
D.
Cost baseline, project management baseline, and schedule baseline
The Answer Is:
A
This question includes an explanation.
Explanation:
According to the PMBOKĀ® Guide, the Performance Measurement Baseline (PMB) is an integrated scope-schedule-cost plan for the project work against which project execution is compared to measure and manage performance.
Components of the PMB: The PMB is formed by the integration of three specific baselines:
Scope Baseline: Includes the Project Scope Statement, WBS, and WBS Dictionary.
Schedule Baseline: The approved version of the schedule model used to compare actual results to the plan.
Cost Baseline: The approved version of the time-phased project budget, excluding management reserves.
Earned Value Management (EVM): The PMB is the fundamental reference point for EVM. When project managers calculate variances (like CV or SV) and indices (like CPI or SPI), they are measuring the project ' s current status against this integrated baseline.
Change Control: Once established, the PMB can only be changed through formal change control procedures. It is used throughout the Monitoring and Controlling process group to identify deviations from the original plan.
Analysis of Other Options:
B. Scope baseline, project management baseline, and quality baseline: " Project management baseline " is not a standard term for a specific baseline, and while quality is planned, a " quality baseline " is not a component of the PMB.
C. Cost baseline, schedule baseline, and risk baseline: There is no such thing as a " risk baseline " in official PMI terminology. Risk is managed via the Risk Register and Risk Management Plan.
D. Cost baseline, project management baseline, and schedule baseline: This option incorrectly replaces the Scope Baseline with the non-standard term " project management baseline. " Scope is a mandatory pillar of performance measurement.
CAPM PDF/Engine
Printable Format
Value of Money
100% Pass Assurance
Verified Answers
Researched by Industry Experts
Based on Real Exams Scenarios
100% Real Questions
Get 65% Discount on All Products,
Use Coupon: "ac4s65"