Contracts › Performance Measurement Baselines › Create New Contract Baselines

Create New Contract Baselines

You can create an unlimited number of baselines for a contract. Generally you take an initial baseline before resources enter time on a work package task. After you create this initial baseline, you can create additional ones at various intervals, such as mid-way through the contract, when different phases complete, and at the contract's end. The initial baseline allows you to compare estimates to actuals once the contract is under way. You can only mark one baseline as the current baseline.

To baseline a contract

1. Open the contract you want to baseline.

   The Contract: Properties: Main - General page appears.

2. Select the Baseline subtab.

   The Contract: Properties: Baseline page appears.

3. Click New.

   The Baseline Revision Properties page appears.

4. Complete the following fields:

   Revision Name

   Defines the baseline revision's name.

   Example:

   Initial Baseline, Mid-Term Baseline, or Final Baseline.

   Revision ID

   Defines the baseline revision's unique identifier.

   Example:

   The baseline version number, such as v1 or v5.

   Description

   Defines the baseline revision's description.

   Current Revision

   Specifies whether or not you want to make this baseline the current baseline. This field is unlocked only when multiple baseline revisions exist.

   Default: Selected

5. Click Submit.

   The new baseline displays on the Contract: Properties - Baseline page.

Define which Baseline is Current

The baseline you create last becomes the current contract baseline, by default. If you have defined only one baseline, this baseline is marked as the Current baseline. You can change which baseline is current by opening the baseline you want to be current, selecting the Current Revision field, and then saving the baseline revision.

The current contract baseline is used to display data on the Contract: Properties: Main - Pricing page and on the CPR reports. For example, the CPR Format 3 report displays baseline data at the beginning of the reporting period, at the end of the reporting period and lists all baselines between those two dates.

To define which baseline is current

1. Open the contract.

   The Contract: Properties: Main - General page appears.

2. Click the Baseline subtab.

   The Contract: Properties: Baseline page appears.

3. Open the baseline you want to be current.

   The Baseline Revision Properties page appears.

4. Select the Current Revision field, and then click Submit.

   The baseline revision is saved as the current baseline.

More information:

Contract Performance Report (CPR) Format 3 - Baseline