Question: The time - phased budgets for work packages are taken from the WBS and placed in the project schedule as they are expected to occur

The time

-

phased budgets for work packages are taken from the WBS and placed in the project schedule as they are expected to occur over the life of the project. The outcome of these budget allocations is the project cost baseline

(

also called planned value

-

),

which is used to determine cost and schedule variances as the project is implemented.

Question

17

Answer

True

False

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