Your customer has decided that you cannot go forward with the project you’re managing without a change to the agreed-upon WBS. A contract amendment is agreed on and signed, the change control system processes are followed, and you modify the appropriate planning documents to reflect the change. As a result of the approved change, substantial updates to the project costs and the project schedule occur as well. Which of the following is not true regarding this situation?

A. Baselines must be adjusted to reflect the new project costs and schedule.

B. The PMB includes management reserves and contingencies.

C. The PMB is determined using EVM.

D. The schedule, scope, and cost baseline together make up the PMB.