Question: Using EVM, why is it necessary to have a time - phased budget baseline? It allows proper resource allocation. It shows how much work was

Using EVM, why is it necessary to have a time-phased budget baseline?
It allows proper resource allocation.
It shows how much work was accomplished for the money spent.
It reduces schedule slippage.
It is just recommended; it is not necessary to have a time-phased budget baseline.

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