Andy, a project manager, and his project management team have completed the project planning process and as part of this and the instructions received from Andy, finalized the scope, schedule, cost, and risk baselines. These baselines were subsequently forwarded to the CEO for approval. However, the CEO has raised an objection regarding the risk baseline. As per his opinion, project management does not and cannot contain a risk baseline, which Andy seems to disagree. The project management team is confused as to whether there is a risk baseline or not and have consulted the Project Management Body of Knowledge (PMBOK). Therefore a. According to the PMBOK there is a risk baseline, in which case Andy is correct b. According to the PMBOK there is no risk baseline, in which case the CEO is correct