Earned Value Definitions

What is Baseline? Earned Value Management explained.


Baseline refers to the original approved plan for the project, including the schedule, budget, and scope. It serves as a reference point for measuring project performance and is used for comparison against actual progress and performance. Baseline provides a basis for assessing deviations and managing changes during the project.


Keep up with Raildiary

Make sure you never miss out! Sign up to our monthly newsletter to keep up with the biggest news stories in construction and the latest Raildiary updates. Full of our latest case studies, blogs and fun quizzes!

Thank you for subscribing!
Oops! Something went wrong while submitting the form.

Rail Diary needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at anytime. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, check out our Privacy Policy.