Chapter 12: Baselines – Techniques and Best Practices
In today's world of ubiquitous mobile devices, it is common practice to take a quick snapshot of anything significant that we want to remember or reference later. In the same way, a baseline functions as a snapshot of your project. It acts as storage for project artifacts that you can reference at a later date. A baseline stores the best estimates for the scope, cost, and timeline of a project at any point in time. A reference point in the project life cycle is defined by the baseline.
Microsoft Project provides a comprehensive solution for storing a project schedule baseline. Approximately 20 parameters are recorded for every task. These parameters are related to the start and end dates, work, duration, and cost. If there is any change in the project's scope, cost, or timeline, you rework your project plan and store another baseline. Project provides a generous 11 storage spaces for your baselines.
Moreover...
