Re-baselining

[Bryan A]

What events do you believe would trigger a re-baselining?

Bryan

 

[Bryan A]

That does help. I do have another question though. If when I set up my
tasks and then baseline and a week later I find I forgot a task. When I
insert it I have to go and manually adjust all my EV data that was
calculated from a baseline. This is a lot of work. I was just wondering if
I was missing something or maybe, what is the general consensus about what
cost level do people undertake this arduous task. +/-10 cost change?

 

[William Raymond]

Hi Bryan,

This issue of re-baselining individual tasks for EV is one of the reasons
for not updating a baseline every time. For most of my clients, they like
the +/- 10%/20% range (most are at the 10% range). Now, where you need to
make your decisions is whether you care just about cost or about resources,
costs and durations.

For a PM to make better decisions as to when they should re-baseline, you
will want to consider creating custom fields that use graphical indicators.
We have a client that always shows a red indicator for tasks that have no
baseline. If the total reds equal more or less than 10% of the budget, the
PM knows that they should re-baseline. If still, red, the PM works with a
governing body to change their funding.

-Bill

 

[William Raymond]

Hi Bryan,

This issue of re-baselining individual tasks for EV is one of the reasons
for not updating a baseline every time. For most of my clients, they like
the +/- 10%/20% range (most are at the 10% range). Now, where you need to
make your decisions is whether you care just about cost or about resources,
costs and durations.

For a PM to make better decisions as to when they should re-baseline, you
will want to consider creating custom fields that use graphical indicators.
We have a client that always shows a red indicator for tasks that have no
baseline. If the total reds equal more or less than 10% of the budget, the
PM knows that they should re-baseline. If still, red, the PM works with a
governing body to change their funding.

-Bill