Billd Teams Up with American Express to Help Suppliers Extend Flexible Finance Terms Across U.S. Construction Industry
In project planning and management, baselines are referred to the approved starting dates of a construction project.
Original or approved versions of a project's schedule, budget, or scope against which progress and performance are measured. Baselines serve as reference points for evaluating deviations from planned project parameters. For instance, a project schedule baseline includes the planned start and finish dates for tasks, while a budget baseline represents initially allocated funds for each component. Tracking changes against these baselines helps project managers assess performance, identify issues, and make informed decisions to keep the project on track.
Original project milestones used to track progress.
