The baseline project plan

contains all information collected and analyzed during project initiation and planning.

specifies detailed project activities for the next life cycle phase, analysis, and less detail for subsequent project phases.

is used by the project selection committee to help decide if the project should be accepted, redirected, or canceled.

reflects the best estimate of the project's scope, benefits, costs, risks, and resource requirements given the current understanding of the project.

does all of the above.