What is Project Management Baseline?
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What is Project Management Baseline?

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What is Project Management Baseline?

Baseline maps to the snapshot of the project at a specific point in time. As an illustration, after project planning is completed, a baseline is taken. Later in the project, the extent to which actual results differed from the plans measured against the baseline, or if the change request was approved, the impact on cost, schedule, etc. was changed in the plans and then a new baseline is taken.

Performance Management Baseline.

Performance management baseline is contained 3 different baselines, scope baseline, schedule baseline, and cost baseline.

Scope baseline.

Scope baseline included project scope statement, WBS, and WBS dictionary.

Project scope statement.

Project scope statement included the work will be done throughout the project and requirements of the work as well.

WBS.

WBS displays the hierarchy of the activities, components, and work packages that will be necessary to fulfill the overall project work.

Take the project to build airplanes, for instance.. Audio system, media system, etc. are part of the entertainment system which is work package. Other systems like light system, communication system work package all together constitute the completion airplane manufacture project.

WBS Dictionary.

WBS dictionary provides detailed information about the item in WBS.

Schedule Baseline.

The agreed-upon project timetable is described in the baseline schedule. The start and end dates for each activity are listed in the baseline schedule. The project's duration and completion date can be determined from the schedule baseline, and it also provides a project milestone.

Cost Baseline.

Time-phase cost budget is provided by cost baseline. The amount of money that will be spent on the project is specified, together with the dates and quantity of payments that will be paid. Based on this baseline, company arrangement funding for the project respectively.

 

When work is being done, the project manager must investigate deviations from the baseline. Because all stakeholders agreed to this plan after planning was complete, and stakeholders anticipated that the actual results would be as planned during planning.

During project execution, the project manager will look for any deviations from the cost baseline, schedule baseline, or scope baseline. Corrective and preventive action that will have an impact on the project should be implemented if there is a risk that the project's budget will be exceeded or if there were risks that caused project delays.

Baseline can be changed, but it shouldn't be that simple. Baselines are used to check your progress toward your plans. If the baseline is regularly changed, deviation or variation from the original plan will occur. As a result, in the real world, baselines are often changed only in response to approved change requests or with project sponsor approval.

Changes to the baseline can be formally requested during the execution or monitoring and control of process groups, but after stakeholders have agreed, updating the baseline is difficult. Because the baseline will serve as the reference point to evaluate project performance and because changing this reference point will result in inaccurate performance measurement, respectively. Baselines are thus revised upon formal request and with the sponsor's or customer's approval.

Changes are evaluated and approved in the perform integrated change control process. Changes are evaluated by the change control board with impacts to the project. if the change is approved by change control board, the impact of the changes are revised in the project plans first and then change implemented respectively.

Uncompleted risk identification and risk management are frequently the cause of deviations from the baseline. For instance, there might have been work or an impact if the cost of an activity or item exceeded the plan value or if an activity or work package took longer than the plan durations. And the fundamental reason for this is ineffective risk identification and management.

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