Measuring the performance and success of project

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Reference no: EM13769643

The project baseline is established for allowing project managers and their team to be capable of measuring the performance and the success of the project against the planned baseline. This baseline is very important in being able to establish from a planning position what the project team intended to take place on the schedule, cost, quality, and duration of the project.

We understand that the baseline is a powerful tool. However, when do you actually baseline the project?

Under what conditions do you re-baseline the project?

What type of variances from the baseline would be considered acceptable when measuring performance and what level would be considered extreme and need escalation to the project sponsor are to upper management?

Reference no: EM13769643

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