In project management, establishing clear benchmarks for scope, schedule, and cost to measure progress involves setting baselines. The process responsible for setting these baselines is primarily managed through the "Develop Project Management Plan" process, which is part of the Planning Process Group. Before setting baselines, it's crucial to gather all the necessary requirements from stakeholders. This ensures that the scope, schedule, and cost baselines are aligned with what is expected from the project. Another base line is to estimate the costs for each component of the WBS. This culminates in the creation of the cost baseline, which is critical for measuring project performance in financial terms. These steps are crucial for effective project management as they provide a clear framework and reference points against which the project's progress can be measured and controlled