What Does CBB Stand For?

CBB stands for Contract Budget Baseline

CBB, or Contract Budget Baseline, refers to the established financial framework within a project that outlines the approved budget for contract-related expenses. It serves as a critical reference point for measuring and monitoring project performance, ensuring that expenditures remain aligned with contractual obligations and overall financial goals. The CBB facilitates effective budget management, supports cost control measures, and aids in identifying variances between planned and actual spending throughout the project lifecycle.