ITGSS Certified Technical Associate: Project Management Practice Exam 2025 - Free Project Management Practice Questions and Study Guide

A project baseline is a fixed reference point that represents the original project scope, cost, and schedule. It serves as a critical benchmark against which the project's performance can be measured. By establishing these three key components, the baseline enables project managers to track progress, monitor any changes that occur throughout the project lifecycle, and assess how well the project is adhering to its initial goals and parameters.

The significance of maintaining a project baseline lies in its role in effective project management. When deviations from the baseline occur, project managers can analyze those variances to understand the impact on the overall project. This allows for informed decision-making regarding whether adjustments or corrective actions are needed to get the project back on track.

In contrast to the correct answer, the other options pertain to different aspects of project management. A list of project stakeholders refers to the individuals or groups that have an interest in the project's outcomes, and does not serve as a performance measurement tool. A method for assessing project risks entails strategies or techniques used to identify potential problems that could jeopardize project success, but does not concern the baseline definition. A summary of project deliverables outlines the outputs expected from the project, but again, does not address the concept of a baseline. Therefore, the notion of a project baseline