Page 23 - Unanet GovCon: Managing Project Execution and Control - Participant Guide (ILT)
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Corrective Action: Rebaseline
               When a project plan is no longer valid, it may be necessary to rework the plan in a
               process called rebaselining in which existing plans, assignments, and budgets are
               modified to ensure accurate reporting. For an active plan to be considered valid, it must
               meet the following criteria:


                                    Occurs within       Profit Rate is        Plans all
                                    the Period of     within corporate     revenue in the
                                    Performance          thresholds           contract



                                               Adheres to         Technically
                                                contract           executable
                                               compliance


               The project team may evaluate a project’s current and forecasted performance,
               determine that the existing plan is no longer valid based on these guidelines, and
               decide to rebaseline the project plans. The Multiple Plan Set feature supports more
               complex planning of labor and expenses, including reforecasting, corporate budgeting,
               and scenario planning. Plan Sets are discussed in greater detail in the course Unanet
               GovCon: Planning Project Resources.


                       Tour 3.3 – Creating a Revised Plan (Rebaselining)

                       Log in as the Administrator, Fran Schaeffer (fschaeffer/welcome) to enable the
                       use of multiple plan sets and generate plan set comparison reports.

                       Tour Highlights
                          •  Review use cases for multiple plan sets
                          •  Modify plans and update future assignments and budgets


























               LESSON 3: MONITORING AND CONTROLLING PROJECT PEFORMANCE
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