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The major reasons for creating a baseline are to monitor and report:Multiple choice question.progress and estimate cash flow.scope creep.risks and competition.profit.

Question

The major reasons for creating a baseline are to monitor and report:Multiple choice question.progress and estimate cash flow.scope creep.risks and competition.profit.

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Solution

The major reasons for creating a baseline are to monitor and report progress and estimate cash flow. This is because a baseline provides a standard for comparing actual performance with expected performance. It allows for tracking and controlling project scope, schedule, and cost, which are essential for estimating cash flow and monitoring progress.

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