Contracts › Performance Measurement Baselines

Performance Measurement Baselines

Contract baselines are snapshots of the contract total effort and total costs at the moment of capture. This snapshot includes the effort and cost for all control accounts and summary level planning packages associated with the contract work breakdown structure (CWBS).

The control account baseline is the summary of the baseline data for each of the control account work packages.

A contract baseline:

• Baselines all projects and in the case of master projects, their subprojects, based on the tasks that are linked to contract work packages.
• Rolls up baseline and earned value data from task data up to the work package to the control accounts.
• Rolls up control account baseline data to the CWBS element.
• Aggregates CWBS element data to the contract level.

The Baseline at Completion (BAC) is calculated and stored with and without burdens. Earned value is calculated on unburdened BAC and contract pricing is shown by using the burdened BAC costs. Total Burdened BAC is calculated using the following formula:

BAC = (Cost of Actual Work + Burdened Cost) + (Cost of Remaining Work + Burdened Cost)

Baseline Currency

When baseline and earned value metrics are calculated for a contract. The data is calculated and written to the contract baseline and to the contract earned value history tables using the contract currency.

Baselines and Work Packages

Creating a contract baseline automatically creates a project-level baseline for the projects associated with the contract through work packages. Link the work package to the project, or project tasks to create the association.

More information:

Create New Contract Baselines

Link Work Packages to Projects or Project Tasks

Burdening

Contract Pricing