You have just completed the initiating processes of a small project and are moving into project planning when a project stakeholder asks you for the project's budget and cost baseline. What should you tell her?
A. The project budget can be found in the project charter, which has just been completed.
B. The project budget and baseline will not be finalized and accepted until the planning processes are completed.
C. The project management plan will not contain the project's budget and baseline; this is a small project.
D. It is impossible to complete an estimate before the project management plan is created.
Answer: B