After all this effort and work to put together a comprehensive schedule, it is now time to get a formal version of your schedule approved as a baseline.
There will be three major baselines. The schedule baseline, the cost baseline, and the scope baseline. All baselines are used to track performance and would have to be updated through formal change control.
You will need to present your schedule to your sponsor, customer, and other key stakeholders to gain approval and acceptance on the dates/duration of the project. Once you get that approval (after multiple revisions and some tears) you will have your schedule baseline. The schedule baseline is a formal, approved version of your schedule and will be used to manage schedule performance during execution and to determine if you need to make corrections.
All baselines are static documents, meaning they don...
