A status report for a runway resurfacing job shows both a baseline finish date and a forecast finish date. What is the key difference?
Select an answer to reveal the explanation.
Short Explanation
Baseline is the promise you locked; forecast is where you now think you will land. On a resurfacing job, slipping weather might move the forecast while the baseline stays until change control updates it. Do not treat those two dates as synonyms.
Full Explanation
A baseline is the approved version of the plan used for comparison. A forecast is an estimate of future performance or completion based on current information. Distinguishing them on status reports supports transparent control; conflating them or assigning them to only one life cycle is incorrect.