Project Schedule
Management (Lecture 5)
Key Concepts
process of establishing the policies, procedures, and
documentation for planning, developing, managing,
executing, and controlling the project schedule
it provides guidance and direction on how the project
schedule will be managed throughout the project
performed once or at predefined points in the project
3
4
Plan Schedule Management: Inputs
§ Project Charter: defines the summary milestone
schedule that will influence the management of the
project schedule.
§ Project Management Plan
§ Scope Management Plan: describes how the
scope will be defined and developed, which will
provide information on how the schedule will be
developed
§ Development Approach: help define the
scheduling approach, estimating techniques,
scheduling tools, and techniques for controlling
the schedule 6
Plan Schedule Management: Inputs
§ Enterprise Environmental Factors:
§ Organizational culture and structure,
§ Team resource availability and skills and
physical resource availability,
§ Scheduling software,
§ Guidelines and criteria for tailoring the
organization’s set of standard processes and
procedures to satisfy the specific needs of the
project, and
§ Commercial databases, such as standardized
estimating data. 7
Plan Schedule Management: Inputs
§ Organizational Process Assets:
§ Historical information and lessons learned
repositories;
§ Existing formal and informal schedule
development, management- and control-related
policies, procedures, and guidelines;
§ Templates and forms; and
§ Monitoring and reporting tools. 8
Plan Schedule Management:
Tools & Techniques
§ Expert Judgement:
§ Schedule development, management, and
control;
§ Scheduling methodologies (e.g., predictive or
adaptive life cycle);
§ Scheduling software; and
§ The specific industry for which the project is
developed. 9
Plan Schedule Management:
Tools & Techniques
§ Data Analysis:
§ determining which schedule methodology to
use, or how to combine various methods;
§ how detailed the schedule needs to be, the
duration of waves for rolling wave planning,
§ how often it should be reviewed and updated;
and
§ Meetings:
§ to develop the schedule management plan
10
Plan Schedule Management:
Outputs
§ Schedule Management Plan
§ a component of the project management plan
that establishes the criteria and the activities
for developing, monitoring, and controlling the
schedule
§ may be formal or informal, highly detailed, or
broadly framed based on the needs of the
project, and includes appropriate control
thresholds.
11
Plan Schedule Management:
Outputs
§ Project schedule model development:
The scheduling methodology and the
scheduling tool to be used in the
development of the project schedule
model are specified
§ Release and iteration length: the time-
boxed periods for releases, waves, and
iterations are specified.
12
Plan Schedule Management:
Outputs
§ Level of accuracy: specifies the
acceptable range used in determining
realistic activity duration estimates and
may include an amount for contingencies.
§ Units of measure: unit of measurement
(such as staff hours, staff days, or weeks
for time measures, or meters, liters, tons,
kilometers, or cubic yards for quantity
measures)
13
Plan Schedule Management:
Outputs
§ Organizational procedures links: WBS
provides the framework for the schedule
management plan, allowing for
consistency with the estimates and
resulting schedule
§ Project schedule model maintenance:
process used to update the status and
record progress of the project in the
schedule model during the execution 14
Plan Schedule Management:
Outputs
§ Control thresholds: Variance thresholds
for monitoring schedule performance may
be specified to indicate an agreed-upon
amount of variation to be allowed before
some action needs to be taken
§ Reporting Formats: The formats and
frequency for the various schedule reports
are defined.
15
Plan Schedule Management:
Outputs
§ Rules of performance measurement:
Earned value management (EVM) rules or
other physical measurement rules of
performance measurement are set
§ Rules for establishing percent complete,
§ EVM techniques (e.g., baselines, fixed-
formula, percent complete, etc.) to be
employed (for more specific information, and
§ Schedule performance measurements such
as schedule variance (SV) and schedule
performance index (SPI)
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Final Project Details
§ Schedule Management Plan
§ Group project
§ Plan shall have all the details mentioned in
previous slides
§ Evident copies will be marked ZERO
Assignment # 1
1. Nature of Assignment: Research and reading
2. Objectives of the Assignment: Understand
emerging scheduling tools and techniques being
used for project scheduling
3. Learning Outcomes: Learn how to schedule
projects in fast changing environment
4. Words count (maximum 2,000).
5. Submission date: November 14, 2020
6. Marks Allocation: 5 Marks
7. Format: A4 page with 12 font, Times New
Roman and 1.5 spacing.
Thank You!