Performance Measurement Baseline

The Performance Measurement Baseline (PMB) is a detailed plan that sets the expected progress and costs for a project over time. It acts as a reference point to track how the project is advancing compared to what was originally planned. By comparing actual work and expenses against the baseline, project managers can identify any deviations early, assess performance, and make informed decisions to keep the project on track. In essence, it’s a blueprint to measure success and ensure the project stays within its objectives.