Clarity Glossary for Project and Portfolio Management

Project Baseline

The project baseline is the originally approved project plan that serves as a reference for measuring progress.

Explanation

The projectProjectA project is a temporary initiative with clearly defined objectives, resources, and a specific outcome. baseline represents the official initial plan of a project. It includes the approved schedule, budget and performance targets.

Throughout the project, actual progress is regularly compared against this baseline. This allows deviations to be identified early and corrective actions to be taken.

The baseline is therefore a central instrument for project controlling and project managementProject ManagementProject management includes all methods used to plan, manage and execute projects..

Synonyms and Abbreviations

  • Baseline Plan: Approved version of the project planProject PlanSynonym for → Gantt DiagramUmbrella term for structured planning representations in project management. used as a reference.
  • Reference Plan: Plan used as a benchmark for tracking project performance.
  • Approved Plan: Officially approved project plan used for execution and control.

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