Project Management Professional (PMP) Practice Exam

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_______ are not necessarily used to establish the cost baseline of a project.

  1. Schedule activity or work package cost estimates

  2. The work breakdown structure and the WBS dictionary

  3. The project schedule and the resource management plan

  4. The risk breakdown structure and the risk report

The correct answer is: The risk breakdown structure and the risk report

Work breakdown structure and WBS dictionary are used to create the cost baseline because they provide a breakdown of all the work and resources required for the project. The project schedule and resource management plan are also used to create the cost baseline as they outline the timing, sequencing, and allocation of resources for each project activity. However, risk breakdown structure and risk report are not used to establish the cost baseline. These tools are used to identify and manage potential project risks, not calculate project costs. So, they are not necessarily used in the process of creating the cost baseline.