3 Types of Baseline for Projects

3 Types of Baseline for Projects

3 Types of Baseline for Projects

 

When one is developing Project Managing Project Management Plans for Projects, there are some types of baseline that are to be created. Those baselines set the minimum requirements for projects in terms of cost, schedule and scope. Once baselines are approved, they will become a sort of guide for the Project Manager, Here are the three types of baseline for projects.

3 Types of Baseline for Projects

 

#1 SCOPE BASELINE

The scope baseline is the approved version of the project scope statement, work breakdown structure and WBS Dictionary. All these talks about what is and what is not part of a project.

 

#2 SCHEDULE BASELINE

Schedule baseline for a project is the approved version of the schedule model that is used as a basis of comparison to the actual result. It has to do with the minimum time that all activities for the project are going to take. Non of the project is expected to take less than the duration set in the schedule baseline. If that happens, the project manager needs to find out what actually went wrong. Maybe quality has been compromised for the project.

 

#3  COST BASELINE

This is the approved version of the time-phased project budget that is used as a basis for comparison to the actual result. The Project Manager will always try to maintain what has been penciled down but it is not always easy to maintain the estimate. He will over time compare the actual ( what ought to be) with the reality of the project.

 

YOU CAN ALSO READ  How to Estimate Cost Baseline for Projects

 

 

Now your take on this argument.

We would also like to hear what you feel about the topic we discussed today. Your feedback is very important to us. Feel free to drop your comments and recommendations. If you have a contrary opinion, you can drop that too.

You can also join our Facebook Page CRMNigeria for more updates. You can do that by clicking on the link or searching for our page on Facebook.

Click here to Download 5 E-Books that I have taken time to prepare for you.

These E-Books contain formulas that have helped many of my students to nail the PMP Exam at first attempt! You can also make use of this E-Books. If you have any question while using the material, feel free to shoot me a mail. I am committed to assisting you to nail your PMP exam. It’s a pledge. You can always count on me as a friend. 

PS: For like seven years since I started blogging I have tried many platforms and tools. Some worked and some of them performed below expectation. Here are some of the tools that I will gladly recommend for you any day, any time.

BEST AUTO SEO FOR JUST $1

BEST HOSTING AND DOMAIN SERVICE

BEST HOSTING IN NIGERIA (AFFORDABLE)

You can also download our Mobile App here.

Click here to Like our Page on Facebook

Follow us on Twitter

Domain names for just 88 cents!3 Major Roles of PMO in Projects 1
Action Point.
You need to confirm your subscription by clicking on the link sent to you. You can check the spam folder for it. Add us to your mailing list to receive directly from us.

PS: Click on the link below to sign up for my Online E-Course CRM Training. Make sure you confirm your subscription by clicking on the link sent to you. Thanks.

new horizons online training

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge