Because the project’s baselines must be changed to reflect the added change. 1 is incorrect because there’s no reasons to create a variance report; it’s a change not a cost overrun. 2 is incorrect because this is part of the process to approve the change request. The change request has already been approved in this instance. 3 is incorrect because this is part of the process to approve the change request. The change request has already been approved in this instance.