CompTIA Project+ (PK0-004) — Question 252

Which of the following can a project manager use to keep track of finances and ensure costs are accurately applied to a project?

Answer options

• A. PO numbers
• B. Cost baseline
• C. Bill of materials
• D. WBS codes

Correct answer: B

Explanation

The correct answer is B, as a cost baseline is a crucial component in project management that provides an approved version of the budget, allowing tracking and comparison of actual costs. Options A, C, and D do not serve the primary purpose of managing and tracking project finances effectively.