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Managing Projects Using Project Baselines

A baseline as the name suggests is a line that is being used as a base for future measurement. It is a reference. In Project Management, the term baseline refers to an accepted and approved project plan. Usually known as project baseline, it is a must for a project manager that wish to monitor and evaluate the success of the project. Without it there is no possibility to compare the current status of the project with the initial estimated one.

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With the help of project management software it is easier to manage project baselines and the managers can calculate variances between baseline estimates and project actual data. Having a baseline allows you to monitor the project performance and to improve the quality of future estimates.



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