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Which output is the approved version of the time-phased project budget?

Which output is the approved version of the time-phased project budget?
A . Resource calendar
B . Scope baseline
C . Trend analysis
D . Cost baseline

Answer: D

Explanation:

A project budget includes all the funds authorized to execute the project. The cost baseline is the approved version of the time-phased project budget, but excludes management reserves.

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