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A project baseline is an approved version of a work product that includes cost, scope and schedule. It is common to separately document cost baseline, scope baseline and schedule baseline. An integrated and matching set of the three is commonly referred to as a performance measurement baseline.
A baseline represents what the project will deliver, when it will be delivered and how much it will cost. Changes to a baseline are typically handled using a formal change management process.|
Type | | Project Baseline Definition | An approved version of a work product that includes cost, scope and schedule. | Cost Baseline Definition | An approved version of a project budget. | Scope Baseline Definition | | Schedule Baseline Definition | An approved version of a project schedule. | Performance Measurement Baseline Definition | An integrated and consistent project baseline that includes cost, scope and schedule baselines. | Related Concepts | |
Project Management
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