A new Project Plan needs a Baseline. It's how we keep ourselves honest, as Project Managers. But, what is a Project Baseline?

A baseline is the final, approved version of the project plan, its schedule, budget, and scope statement. It is the version against which you will measure all progress and evolution of your project.

Of the many formal definitions, I like best those from:
PMBOK 7
‘The approved version of a work product used a basis for comparison to actual results.’
PRINCE2
‘Reference against which an entity is monitored and controlled.’

A Baseline is created at the start of a project or a stage in a project, to provide a basis for monitor and control.

After a significant disruption or unexpected outcome, we may also rebaseline our project.


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https://kit.co/MikeClayton/whatapro...
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Chapter Markers...
00:00 Start
00:10 My description of baseline
00:37 Formal definitions of baseline
00:52 PMBOK 7 definition of baseline
01:09 PRINCE2 definition of baseline
01:21 Why we create a baseline
01:33 Rebaselining
02:43 Baselining and PM software
03:36 ‘A baseline’ and ‘to baseline’
03:48 What we usually baseline
04:47 Other thing we can baseline
07:17 My final definition of a baseline


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