Setting a Realistic Project Cost and Schedule Baseline

Learn how to set a realistic project cost and schedule baseline to mitigate risk and lead your project to success.
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Learn how to set a realistic project cost and schedule baseline to mitigate risk and lead your project to success.

A project cost and schedule baseline is an essential step in safeguarding your project, as it allows you to quickly identify and correct performance problems before they impact your project outcomes.

A robust and reliable project cost and schedule baseline provides the reference point for measuring performance throughout the project lifecycle, with the ability to measure time, cost, resources and quantities. On the other hand, an unrealistic baseline leads to project failures and stakeholder disputes.

This webinar outlines the role of a project cost and schedule baseline and how you can use this to mitigate risk and lead your project to success.

You’ll gain tools and tips to ensure your project baselines are realistic and reliable, and provide stakeholders with greater confidence in project cost and schedule plans. 

EA members

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1 Hour

We can deliver this webinar exclusively to you and your organisation. 

For groups of 10 or more we provide cost-effective, customised and outcome-focused in-house training.

Find out how we can help you and your team by completing an enquiry form or calling us on +61 3 9321 1700.

Online - Live
Online - On Demand
Learning outcomes
  • Understand the project baseline's role as a benchmark for cost and schedule performance
  • Identify stakeholder information needs when building the baseline
  • Understand the importance of defining methods of measurement
  • Understand the concept of progressive elaboration
  • Appreciate the importance of documenting the basis for the baseline
  • Identify actions you can take to assure the quality of a contractor's baseline schedule
Is this course for you?

Is this course for you?

This course is relevant to engineers across all disciplines whose work involves projects.

It is also relevant to project accountants, commercial managers, contract managers and procurement managers.


Participants will benefit from having had exposure to project planning, risk management, or schedule performance management, however this is not essential.

Topics we'll cover

Topics we'll cover

  • Why projects need a baseline
  • What the baseline involves
  • How to prepare the baseline
  • What if you do many projects of a similar type?
  • How can you help contractors set a reliable baseline?
How you'll learn

Delivered via Webinar

Designed in collaboration with our industry facilitators and education experts, EEA Webinars focus on modules from our most popular face-to-face training courses. Content has been carefully crafted to deliver targeted and achievable learning outcomes within the hour and the sessions are interactive to keep you engaged.

Webinar platform - Zoom

These sessions run through Zoom. Once you register for a webinar, you will receive the unique Zoom link at least one hour before the webinar is scheduled to begin.

We suggest that you download the Zoom Desktop Client to ensure you can fully participate in the webinar. If you view the webinar through the Zoom web browser or via a phone or tablet device you may not be able to participate in the interactive elements such as answering polling questions. 

Please read through the following information on Zoom to ensure you are prepared for the webinar:

Laurie Bowman FIEAust CPEng EngExec
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