What does Baseline Finish Date mean in Project Management?

Baseline Finish Date
Baseline finish date is a term commonly used in project management, particularly in the context of project scheduling and planning. It refers to the estimated or planned completion date for a task, activity, or the entire project, based on the initial project plan or schedule.

When a project starts, a project manager creates a schedule outlining the planned start and finish dates for each task or activity within the project. These dates form the project's "baseline" schedule, which serves as a reference point to measure progress and compare against actual performance during the project's execution.

The baseline finish date is important because it helps project stakeholders understand the original expectations for when a particular task or the overall project was supposed to be completed. Comparing the baseline finish date to the actual finish date can provide insights into the project's efficiency, effectiveness, and any potential issues that may have arisen during execution.
Meaning and definition of Baseline Finish Date

See also Budget
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