The Purpose of the Change Budget

A.

The purpose of the change budget is to fund the costs introduced by new requests for change (option A).

In project management, a change request is a formal proposal to modify any document, deliverable, or baseline associated with a project. Changes are inevitable during a project, and a change budget is essential to ensure that the project can handle these changes efficiently without compromising the project's overall success.

When a change request is approved, it will generally impact the project budget, timeline, and/or scope. The change budget is established to ensure that any additional work or resources required to implement the change can be funded, and that the project budget remains under control.

Therefore, option A is the correct answer, as the purpose of the change budget is to provide financial support for the costs associated with the changes requested during a project. Option B is incorrect because it refers to the contingency budget, which is set aside to cover unexpected or unplanned events that can cause an increase in project costs. Option C is incorrect because it is not the primary purpose of the change budget, and option D is incorrect because it refers to the quality budget, which is allocated to ensure that the project deliverables meet the quality criteria defined in the project scope.