What is rebaseline?

Rebaseline refers to the process of reassessing a project's baseline or scope. It involves updating the project plan and adjusting the project's schedule, cost, and resource allocation based on new information, changes in circumstances, or shifting priorities.

Rebaselining is commonly done when a project faces significant changes that require a reassessment of the original plan. These changes may include scope creep, budget constraints, unforeseen risks or issues, or a change in project goals and objectives.

The rebaselining process involves a thorough analysis of project scope, cost, and schedule, identifying any changes that need to be made and developing a new baseline plan that accounts for these changes. It is important to communicate any changes to stakeholders and get their approval before implementing the new baseline.

Rebaselining can help ensure that a project remains on track and meets its goals despite unforeseen changes or challenges that arise. It provides a way to adjust and optimize the project plan to better align with current conditions and requirements.