Program Management Professional (PgMP) — Question 242

The program manager of a multinational program must reconcile data including subject matter experts' labor hour estimates, and other direct resource hour estimates. In addition, the program manager must prepare the cash flow analysis.
Which of the following should be considered to get a baseline budget?

Answer options

• A. Currency exchange rates
• B. Component cost estimates
• C. Baseline schedule
• D. Program payment schedules

Correct answer: B

Explanation

The correct answer is B, as component cost estimates provide the necessary financial insights for establishing a baseline budget. Options A, C, and D are related to financial considerations but do not directly help in forming the baseline budget itself.