Baselines usually don't reflect actuals. Instead they are snapshots of the
scheduled values at the moment the baseline is saved. The *schedule*
reflects actual times after you have updated progress, not the baselines.
The schedule shows your actual times while the baseline(s) shows your
planned times. The multiple baselines can provide a history showing how
your plan has evolved over time in a dynamic environment where the project's
scope is changing but they don't show actuals for different parts of the
project. If each loan is a separate subproject, baseline 1 doesn't hold
information about Loan 1 while baseline 2 holds info about Loan 2, etc .
Rather, Baseline 1 holds a record of how long we thought it would take to
fund ALL of the loans in the pipleine when we looked at the estimates on
April 1st, Baseline 2 holds the information about all the same loans when we
looked at the estimates on May 1st, Baseline 2 the same set of loans as our
estimates stood when we looked at the schedule on June 1st, and so forth.
Be careful that you don't mislead yourself in your creative use of them.
--
Steve House [MVP]
MS Project Trainer & Consultant
Visit
http://www.mvps.org/project/faqs.htm for the FAQs