You are creating a cost performance baseline for your project. In this context, all the following statements related to cost performance baseline are correct EXCEPT:

Question $37$ options:

It is a time $-$ phased budget.

To measure disbursements, a spending plan can be used as a cost$-$baseline.

It is used to measure, monitor, and control overall cost performance.

In the earned value management technique it is also known as cost measurement baseline.