Project Baseline
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We have now moved from the planning stage to the doing part of project management. Following good project management practices, we have set a baseline. How is a project baseline used to guide the execution of the project's work, to evaluate progress and performance, and to control the project?
Also, as you continue to think about monitoring and controlling the project, specifically consider the question: How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress?
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Project Baseline to guide execution, evaluate progress, control, monitor and report progress
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Project baseline consists of the schedule, scope, cost, quality related baselines and are approved plans that are used to measure and control the activities of the project. In layman terms, it is the planned standards against which the actual performance is measured on a time to time basis during the course of the ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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