How to Set a Baseline in Microsoft Project

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To set a baseline, follow these steps: 

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1. Let's start by clicking on the 'Project' tab in the ribbon menu.
2. Now, find and select 'Set Baseline' from the 'Schedule' group. 
3. From the dropdown menu, choose 'Set Baseline...' to open the baseline options dialog box.
4. Select which baseline number you want to set.
5. Ensure 'Entire project' is selected if you want to baseline all tasks. 
6. Finally, click 'OK' to save your baseline. Your project now has a reference point to track variances as work progresses.