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Question 187

The program manager of a multinational program must reconcile data including subject matter experts' labor hour estimates, and other direct resource hour estimates. In addition, the program manager must prepare the cash flow analysis.

Which of the following should be considered to get a baseline budget?

    Correct Answer: B

    To get a baseline budget, the program manager should consider component cost estimates. This includes all the direct and indirect costs associated with the project components, without which it wouldn't be possible to establish a baseline budget. Other factors like currency exchange rates, baseline schedule, and payment schedules are relevant to the management and adjustment of the budget but not foundational for its baseline preparation.

Discussion
tungdtOption: B

I choose B