What Does PMB Stand For?
PMB stands for Performance Measurement Baseline
Performance Measurement Baseline (PMB) refers to a tool used in project management to establish a reference point for measuring project performance. It defines the planned scope, schedule, and cost of a project, allowing for comparison against actual performance as the project progresses. By establishing the PMB, project managers can identify variances, assess project health, and implement corrective actions to ensure successful project delivery.
Added on 14th April 2008 | Last edited on 18th June 2025 | Edit Acronym