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6 - PROJECT TIME MANAGEMENT

Organizational policies and procedures may influence which scheduling techniques are employed in these
decisions. Techniques may include, but are not limited to, rolling wave planning (Section 6.2.2.2), leads and lags
(Section 6.3.2.3), alternatives analysis (Section 6.4.2.2), and methods for reviewing schedule performance (Section
6.7.2.1).

6.1.2.3 Meetings

Project teams may hold planning meetings to develop the schedule management plan. Participants at these
meetings may include the project manager, the project sponsor, selected project team members, selected
stakeholders, anyone with responsibility for schedule planning or execution, and others as needed.

6.1.3 Plan Schedule Management: outputs

6.1.3.1 Schedule Management Plan

A component of the project management plan that establishes the criteria and the activities for developing,
monitoring, and controlling the schedule. The schedule management plan may be formal or informal, highly detailed
or broadly framed, based upon the needs of the project, and includes appropriate control thresholds.

For example, the schedule management plan can establish the following:

• Project schedule model development. The scheduling methodology and the scheduling tool to be used
in the development of the project schedule model are specified.
• Level of accuracy. The acceptable range used in determining realistic activity duration estimates is
specified and may include an amount for contingencies.
• units of measure. Each unit used in measurements (such as staff hours, staff days, or weeks for time
measures, or meters, liters, tons, kilometers, or cubic yards for quantity measures) is defined for each of
the resources.

• organizational procedures links. The WBS (Section 5.4) provides the framework for the schedule
management plan, allowing for consistency with the estimates and resulting schedules.

• Project schedule model maintenance. The process used to update the status and record progress of
the project in the schedule model during the execution of the project is defined.
• 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. Thresholds are
typically expressed as percentage deviations from the parameters established in the baseline plan.

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