Project baseline refers to a snapshot of the project taken at a certain time. For instance, a project baseline is taken once the project planning process is finished, and later. The objective of the baseline is seeing how far the actual results deviated from the plans. So these plans are compared to the project baseline. […]
Author: Cemre Akkartal
6 Items to Include in Cost Management Plan
Cost Management is one of the 10 project management knowledge areas and it involves necessary processes to finish the project within the approved budget. Its aim is described in PMP courses as “to define the necessary budget to execute the project and its aim is to monitor and control the project costs to match the approved […]