Rebaseline Framework

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1. Scope This document outlines a framework for rebaselining the IT projects managed by Global Payments PMO. This framework includes i. Conditions under which IT projects can be rebaselined, ii. Rebaseline policy that describes various steps in the rebaseline process. 2. Sources The framework outlined in this document was developed based on the guidelines from the following reports. 1. Information Technology – Agencies Need to establish Comprehensive Policies to Address Changes to Projects’ Cost, Schedule, and Performance Goals; US GAO 2. Cost Assessment Guide – Best Practices for Estimating and Managing Program Costs; US GAO 3. Integrated Baseline Review (IBR) Guide, Working Release for Draft and Comment April 1, 2010 Revision; National Defense Industrial Association - Program Management Systems Committee 4. The Program Managers’ Guide to the Integrated Baseline Review Process –April, 2003 3. Abbreviations 1. PMB - Performance Measurement Baseline 2. IBR - Integrated Baseline Review 3. GAO - Government Accountability Office 4. Rebaseline Framework 4.1 Why Rebaseline a project? Factors external or internal to a project may often impact its Performance Measurement Baseline (PMB). A project’s PMB includes Scope baseline, Cost baseline, and Schedule baseline. A change (beyond a certain threshold) in any of these baselines requires that the project be rebaselined. In the absence of a rebaseline, variances get bigger and often obscure management’s ability to spot new trends and problems. Rebaselining is an important step in the project management exercise in that, if done frequently and improperly, it can be used to mask cost overruns and schedule delays. This necessitates a governance mechanism around project ... ... middle of paper ... ... place to prevent recurrence. 4.3.1 Responsibility Matrix for rebaseline policy Responsibility matrix for each of the activities in the rebaseline policy is shown below. Activity Responsibility Describe reasons when a rebaseline is warranted Project Manager Developing a new baseline Project Manager Validating the new baseline Project Management Office Management Review Stakeholders, Sponsors, Project Management Office, Project Manager, Team members Document the Process Project Manager Works Cited http://www.gao.gov/new.items/d08925.pdf www.gao.gov/new.items/d071134sp.pdf http://www.ndia.org/Divisions/Divisions/Procurement/Documents/PMSCommittee/CommitteeDocuments/OtherDocuments/NDIA_PMSC_IBR_Guide_Rev_040110.pdf http://www.ndia.org/Advocacy/Resources/Documents/Content/NavigationMenu/Advocacy/Resources/PDFs30/program_managers_guide.pdf

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