PMI-SP Baseline Management 5

Question 1

What is a 'baseline at completion' (BAC) in the context of schedule performance?

Accepted Answer

The total budgeted cost for all work in the approved baseline

Answer

Budget at Completion (BAC) represents the total authorized budget for all work scope as defined in the approved baseline.

Question 2

A project has multiple approved baselines over its life due to significant scope changes. Which version should be used for current performance reporting?

Accepted Answer

The most recently approved baseline

Answer

Performance should always be measured against the most recently approved baseline, which reflects the currently authorized scope, schedule, and budget.

Question 3

A schedule baseline shows a planned finish of Q4. A risk event occurs and adds 8 weeks. The risk was included in the risk register with a contingency reserve. What is the correct baseline action?

Accepted Answer

Use the contingency reserve; update only the working schedule until the CCB approves a baseline change if needed

Answer

Contingency reserve is meant to handle identified risks; the project manager uses the reserve and only seeks a baseline change if the impact exceeds the reserve.

Question 4

Which PMI-SP competency area is most directly responsible for maintaining baseline integrity throughout the project lifecycle?

Accepted Answer

Schedule control and change management

Answer

Schedule control and change management ensure that the baseline is protected from unauthorized changes and updated properly when changes are approved.

Question 5

A project manager wants to establish a baseline but the WBS is only 60% complete. What is the recommended approach?

Accepted Answer

Use rolling wave planning to baseline known near-term work and plan far-term work in detail as it approaches

Answer

Rolling wave planning allows a baseline to be set on near-term detailed work while far-term work is elaborated progressively, a recognized PMI best practice.

(PMI-SP) PMI Scheduling Professional Practice Test

(PMI-SP) PMI Scheduling Professional Practice Test

PMI-SP Baseline Management 5