Allocated Baseline Definition
An allocated baseline is a project management tool used to track and manage project changes. The project’s scope, schedule, and budget are all outlined in a set of documents, which also acts as a benchmark for measuring the project’s progress. As a project develops, an allocated baseline is updated to consider adjustments made to the project’s scope, schedule, and budget. The allocated baseline is reviewed and updated regularly to ensure that the project stays on track and achieves its targets.