a coordinated project state to which everyone can refer. When a project has reached a baseline, intermediate products are in well defined states. Checkpoints are those points in time when it has been decided to assess whether a baseline has been reached. A phase is those set of actvities that take place between checkpoints.
BASELINE
Meaning of BASELINE in English
Raynet Business and Marketing English glossary. Английский глоссарий компании Raynet Business and Marketing . 2012