Certified Supply Chain Professional (CSCP) Practice Exam

What are baselines in project management?

1. Detailed reports of team performance

2. High-level scope, schedule, and budget information

3. Daily task management charts

4. Resource allocation maps

The correct answer is: High-level scope, schedule, and budget information

Baselines in project management refer to the approved versions of a project's scope, schedule, and budget that serve as a standard for measuring project performance and progress. They provide a snapshot of what was planned and are essential for tracking variances over the life of a project. When project managers set a baseline, they establish a reference point against which actual performance can be compared. This comparison allows them to identify when a project is deviating from the plan, enabling effective monitoring and control. By having a high-level overview of the project's scope, schedule, and budget, project managers can make informed decisions and adjustments to keep the project on track. While detailed reports of team performance, daily task management charts, and resource allocation maps are important tools within project management, they do not constitute baselines themselves. Instead, they can be used in conjunction with baselines to assess performance but do not define the baseline concept.