Glossary

Terms beginning with B

baseline

Common glossary definition

A reference basis for comparison against which performance is monitored and controlled.

Note: in a project delivery context baselines apply to plans and to sets of data relating to the solution. Examples include schedule, benefits, cost, requirements and design.

Note: once approved a baseline can only be altered through change control.

benefit (project delivery)

Common glossary definition

In the context of project delivery, benefit is the measurable value or other positive impact resulting from an outcome perceived as an advantage by one or more stakeholders, and which contributes towards one or more objective(s).

BIM

Building information modelling is a broad term that describes the process of creating and managing a digital model of a building or other facility such as a building, bridge, highway or tunnel.

board

Common glossary definition

The highest-level governing body (e.g. a board of directors, a supervisory board, or a board of governors or trustees) charged with the responsibility to direct and/or oversee the organisation’s activities and hold senior management accountable.

business case

Common glossary definition

The justification for an organisational activity (strategic, programme, project or operational) which typically contains benefits, outcomes, timescales, costs and risks against which continuing viability is tested.