Why Is It Necessary to Have a Time-Phased Budget Baseline

question 78

Multiple Choice

Why is it necessary to have a time-phased budget baseline?

• A) It allows proper resource allocation.
• B) It shows how much work was accomplished for the money spent.
• C) It reduces schedule slippage when scheduling multiproject resources.
• D) It is not necessary to have a time-phased budget baseline.
• E) It reduces fluctuations in cash flow during the project.

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Definitions:

False Expectations

Beliefs or hopes that are based on erroneous assumptions or misinformation, often leading to disappointment.

Multistate Strategy

An approach that involves coordinating efforts and actions across multiple states to achieve a common goal or address a widespread issue.

Regular Warfare

Conventional conflict between the military forces of nation-states or coalitions, typically involving direct, open engagement between opposing armies.

Location Of Hostilities

The specific geographical area where conflicts or military operations are actively occurring.