Line of Balance (LOB)

Line of Balance (LOB)

Line of Balance is a management’s control process for collecting, measuring and presenting facts relating to time, cost and accomplishment all measured against a specific plan.

It shows the process, status, background, timing and phasing of the project activities, thus providing management with measuring tools that helps

1. Comparing actual progress with a formed objective plan

2. Examining only the deviations from established plans and gauging their degree of severity with respect to the remainder of the project.

3. Receiving timely information concerning trouble areas and indicating areas where appropriate corrective action is required

4. Forecasting future performance