Earned Value Definitions
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Cost Baseline

What is Cost Baseline? Earned Value Management explained.

Mia Rutherford
Mia Rutherford
June 11, 2023
5 min read

Cost Baseline represents the approved, time-phased budget for the project. It serves as a reference point for comparing and controlling project costs. Cost baseline includes the authorized funding allocated to different project activities and provides a basis for measuring cost performance and variances.

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