Contracts › Performance Measurement Baselines › Create New Contract Baselines

Create New Contract Baselines

You can create an unlimited number of baselines for a contract. Take an initial baseline before resources enter time on a work package task. After you create the initial baseline, you can create additional ones at various intervals. Intervals, such as mid-way through the contract, when different phases complete, and at the contract 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.

Follow these steps:

1. Open the contract.

   The properties page appears.

2. Open the Properties menu, and click Baseline.

   The contract baseline properties page appears.

3. Click New.

   The baseline revision properties page appears.

4. Complete the following fields:

   Revision Name

   Defines the baseline revision name.

   Example:

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

   Revision ID

   Defines the baseline revision unique identifier.

   Example:

   The baseline version number, such as v1 or v5.

   Description

   Defines the baseline revision description.

   Current Revision

   Specifies to make this baseline the current baseline. This field is unlocked only when multiple baseline revisions exist.

   Default: Selected

5. Save the changes.