Sharon Linet Trujillo Cancino – A01336709 IDA

Pages 111 to 126

Time management involves the processes necessary to ensure timely completion of a project.
Includes the following six processes:

1. Plan Schedule Management: This process involves creating a plan for project time
management. The goal is to define how the project schedule will be developed and how
schedule compliance will be ensured. The schedule management plan can include, among
other things, the identification of project deliverables, definition of work packages, and
estimation of activity durations. Schedule constraints, such as project end dates, may also
be established.
° Key Tools and Techniques: Expert judgment, analytical techniques, meetings
2. Define Activities: This process involves breaking down project deliverables into individual
activities. The goal is to define the specific work that needs to be done to complete each
deliverable. The result of this process is a complete list of activities that need to be carried
out to complete the project. This list is used later in the process of sequencing activities.
° Key Tools and Techniques: Decomposition, expert judgment, rolling wave planning
3. Sequence Activities: This process involves establishing the order in which project activities
will be performed. The goal is to define dependencies between activities and determine
which activities must be performed before or after others. Several techniques can be used
to sequence activities, such as the precedence diagramming method (PDM) or the arrow
diagramming method (ADM).
° Key Tools and Techniques: Dependency determination, leads and lags, schedule network
templates
4. Estimate Activity Durations: This process involves determining the amount of time
needed to complete each activity. Durations can be estimated using various techniques,
such as parametric estimation or analogous estimation. Factors that may affect activity
duration, such as resource availability or activity complexity, may also be considered.
° Key Tools and Techniques: Analogous estimating, three-point estimating, expert
judgment
5. Estimate Activity Durations: This process involves determining the amount of time
needed to complete each activity. Durations can be estimated using various techniques,
such as parametric estimation or analogous estimation. Factors that may affect activity
duration, such as resource availability or activity complexity, may also be considered.
° Key Tools and Techniques: Schedule network analysis, critical path method, schedule
6. Control Schedule: This process involves monitoring project progress in relation to the
planned schedule. The goal is to identify any deviations from the schedule management
plan and take corrective action. Various techniques can be used to control the schedule,
such as earned value analysis or schedule baseline analysis. It is also important to regularly
update the schedule to reflect changes in the project and to keep it up to date at all times.
° Key Tools and Techniques: Performance reviews, variance analysis, schedule change
control system

In summary, project time management is essential to ensuring a project is completed on time

and within budget. The six project time management processes in the PMBOK Seventh Edition
provide a solid framework for planning, scheduling, and controlling the time needed to
complete a project. Each process involves several tools and techniques that can be used to
achieve the desired outcome.