Performance Measurement Baseline Notes: Definitions & Explanations PDF | Download eBooks
Study Performance Measurement Baseline lecture notes PDF with project management definitions and explanation to study “What is Performance Measurement Baseline?”. Study performance measurement baseline explanation with project management terms to review project management course for online MBA programs.
Performance Measurement Baseline Definition:
Performance measurement baseline is an integrated scope-schedule-cost plan for the project work against which project execution is compared to measure and manage performance.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Performance Measurement Baseline Notes:
When a project is carried out, it is necessary to measure its performance in order to determine if the project is going as per plan. A performance measurement baseline for a particular project is developed to check its performance. It is a time-phased plan which integrates all the important aspects of the project i.e. scope, schedule, cost etc. Performance measurement baseline measures the accomplishment of the planned work for a project. It also measures if the project is within the estimated budget and the activities are performed at the right time according to the schedule. A performance measurement baseline shows the deviation of work from the plan.
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