MGMT 404 Week 5 Discussion; Project Baseline

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Contributor

Addison

Category

Management

Course

MGMT 404 Project Management

Institute

DeVry

Pages

4

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MGMT 404 Week 5 Discussion: Project Baseline According to the PMBOK® Guide, what are project baselines? Answer: 1 The project’s baseline is used to measure how performance deviates from the plan and is defined as the original scope, cost and schedule. The project’s baseline must be completely defined and documented before the project execution and control activities can begin. Once the project’s baseline is put under change control to help you evaluate any further change and its impact on the project. No meaningful measurements can be made if the scope, cost and schedule are not under strict change control disciplines; so having an accurate baseline will determine the measurement of your performance. any change is approved then your new baseline is redefined as the original plan plus the approved change. It is a good idea to keep records that show how the plan has progressed and changed over time. A project baseline allows you to efficiently oversee and manage how a change in your schedule, cost, or scope affects everything else. Answer: 2 What Is a Project Baseline (Project Baseline) in Project Management? A baseline is a clearly defined beginning point for your project plan in project management. It's a constant against which you may assess and compare the progress of your project. This allows you to track your project's progress over time. Let's imagine your project is scheduled to be completed in six weeks. Is that a good thing or a negative thing? You can know there's an issue if your schedule baseline takes four weeks to complete, and your team may need to make adjustments to speed up your progress. The three components of a project baseline are typical

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