Project Management Practices Working with the Baseline

The primary schedule baseline is the approved project schedule. This plan has been adjusted and refined to the point where it meets the scope, the targeted finish date, and the budget of the project. The baseline plan has been deemed technically feasible given available resources. The baseline plan has been approved as the plan of record by the managing stakeholders.

This baseline plan is a component of the overall project plan. It provides the basis for measuring the schedule and cost performance of the project. In turn, any variances found can drive decisions about whether corrective actions should be taken and what those corrective actions should be.

In the course of project execution, if the schedule variance becomes very large, perhaps because of major scope changes or lengthy delays, rebaselining might be needed to provide realistic information from which to measure performance. Prior to Microsoft Project 2002, rebaselining was a painful decision for project managers using Microsoft Project because only one set of baseline information could be saved. However, now the project manager can save up to 11 baselines. There should always be a single primary baseline, however, which serves as the definitive baseline to be used for analysis and authoritative historical data.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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