Schedule Baseline in Project Management

Of many management experts, it is felt that the passage of time is the most influential variable affecting the odds of project management success. The schedule baseline refers to the timeline the project team makes in advance and is approved by the necessary stakeholders.

Listed as a part of baseline artifacts in project management, it is likely to be useful in:

In creating a baseline schedule, we aim to be able to compare our progress on the project to where we aimed to be. A more straightforward explanation would be that the baseline is needed to measure the performance of a project. For this purpose, delivered work should be compared with the baselined plan for a set period of time.

A change control plan must be followed in order to change a schedule baseline in waterfall projects. 

See also:

Scope Baseline