Baseball baselines are the path runners take to reach a base safely, while foul lines mark the edges of the field. Runners can deviate from the baseline to avoid tags, but not by more than 3 feet. The 3-foot line is a parallel line to the first base foul line that runners must stay within […]
A baseline schedule is a proposed schedule to track the progress of a project or contract, which should be reworked if major changes occur. It aims to keep all parties updated on the project’s progress and ensure completion on time. Changes to the baseline schedule should be made if major new developments occur, and the […]
Performance metric is a financial tool used to evaluate contractor productivity in earned value management. It includes budget targets, project scope, and performance schedule, and is part of the Total Allocated Budget principle. The basis of performance measurement includes undistributed budget, summary-level planning, and control account. Change management concepts are also used to manage changes […]
