The next step after defining tasks, durations, resources, and costs is to establish baselines. A baseline is an
approved version of a project plan that serves as a reference point for measuring progress and performance
throughout the project lifecycle. A baseline typically includes scope, schedule, cost, quality, and risk
parameters. Establishing baselines involves presenting the project plan to key stakeholders and obtaining their
formal agreement on the project objectives and deliverables. Baseline approval can help to establish clear
expectations, avoid scope creep, and facilitate change control during project execution34