Explain the term Baseline.

Asked 06-Apr-2022
Updated 06-Apr-2022
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  • A baseline is a fixed point of reference that can be compared to other data. In business, a project's or product's success is frequently compared against a baseline number for expenses, revenue, or a variety of other factors. A project's baseline number may be exceeded or missed.
  • In information technology management, a baseline for expected or maximum levels of performance can be established. Cost, scope, and timeline are the three most typically utilised benchmarks.
    Project management software programmes are often built to preserve and track these three important baseline measurements.

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