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Question : 1
Total: 50
Which of the following about Budgets is not true,
Budgets need not be approved
Budget is an approved estimate for the project
Budget is an approved estimate for any work or schedule activity
Budget at completion is the total planned value for the project
Validate
Solution:
Correct Answer is A. Estimated costs of individual activities or work packages is aggregated to establish an authorized cost baseline. It is essential to get the project budgets approved. All the options listed barring option A are correct.
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