CAPM Certification Practice Test 6

The cost baseline must be updated to reflect this change to the project scope. 1 is incorrect because this is not a valid plan. 2 is incorrect because the cost estimates come before the project work has begun. This change has been approved. 3 is also incorrect. Just because additional expenses have been introduced to the project does not mean that the schedule will need to be updated as well. Consider the costs associated with changing materials.