📚 Project Vocabulary: Baseline 📊

📚 Project Vocabulary: Baseline 📊

Definition: The initial approved plan for a project, serving as a reference point for measuring progress and performance. It includes key elements such as scope, schedule, and budget.

Example: In a construction project, the baseline would include the approved design plans, the timeline for each phase of construction, and the allocated budget. It’s the starting point against which actual progress is compared.

A baseline is like a runner’s starting block, setting the course for the project race ahead. 🏃‍♂️🏁
#ProjectBaseline #ProjectPlanning #ProjectManagement #AcutePMC