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PMP - Cost Management - Project Cost Management Plan
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In the Project Cost Management Plan, what is the primary purpose of establishing a cost baseline?
a.
It outlines the procedures for reallocating funds during project execution.
b.
It serves as a reference point for measuring project cost performance.
c.
It ensures all project budgets are distributed proportionally across tasks.
d.
It defines the maximum allowable budget that cannot be exceeded.
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