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Reply: Question 35: self assessment-needs clarifications

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Topic History of : Question 35: self assessment-needs clarifications

Max. showing the last 6 posts - (Last post first)
1 year 10 months ago #18824

Jenikka Ebias

Jenikka Ebias's Avatar

Hi Nadia,

Here's a response from one of our resident Project Management Professionals:

"There is no contradiction. The cost baseline is the approved version of the time-phased budget that includes contingency reserves but not management reserves."

Hope this helps clarify your concern. Have a good day!
1 year 11 months ago #18735

Nadia Zandaqi

Nadia Zandaqi's Avatar

Hi Dears,

I notice that in Question 35: self assessment Q&A the Answer is A, but if I go to the Reference: A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc., 2017, Page(s) 248, 252 , it mentioned the project budget = cost baseline + Management reserve ; so I feel there is a contradiction , can any one clarify this point for me.

Best Regards,
Nadia

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

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