Exam PK0-004 topic 1 question 23 discussion

A. Cost baseline

D. Total project cost The executive sponsor is asking for a summary of the final capital expenditures, anticipated cost of new employee resources, and maintenance estimates for the project. These are all components of the total project cost, which is the sum of all the costs associated with completing the project.

The project manager should provide the Total Project Cost which would include the information requested by the executive sponsor such as the Final capital expenditures, Anticipated cost of new employee resources to support the solution, and Maintenance estimates. The Total Project Cost is an estimate of all costs required to complete a project and is typically documented in the project budget.

chat gpt says TPC would include the final capital expenditures, the anticipated cost of new employee resources to support the solution, and maintenance estimates. The cost baseline would only include the budgeted costs for the project, which would not include the anticipated cost of new employee resources or maintenance estimates.

Estimates become final once you determine the cost baseline. (CompTia Project+ Study Guide, 2nd ed.)