The project team at Pocono Home Improvements is finishing the Control Procurement process. As part of this process, the team needs to update components of the project management plan. One component needs to be updated due to slippages that have impacted schedule performance. Another needs to be updated as several changes have impacted project cost. Which of the following needs to be updated? and Explain why. 

Schedule baseline,
cost baseline Risk management plan,
Schedule management plan,
project budget, 
cost management plan