performance measurement baseline meaning

• [Industrial engineering]
  "A time-phased budget plan developed for use in measuring contract performance, includes the budgets assigned to scheduled work elements and the related indirect budgets."

• performance measurement:    [Finance]Calculati ...
• baseline:    Noun: baseline&nbs ...
• measurement:    Noun: measurement& ...

Examples

1. cost performance measurement baseline
2. usually used with a modifier for example, cost baseline, schedule baseline, performance measurement baseline
3. If a project has a Management Reserve ( MR ), it is typically "'not "'included in the BAC, and respectively, in the Performance Measurement Baseline.