Search Results for: Schedule

Schedule network templates are set of activities and relationships that have been established that can be used repeatedly for a particular application area or an aspect of the project where a prescribed sequence is desired.

The organizational knowledge base for storing and retrieving information includes schedule network diagrams along with issue and defect management databases containing issue and defect status, control information, issue and defect resolution, and action item results. In the process of sequence activities, the schedule network diagrams fall under the outputs of the process. A schedule network diagram in project management is a graphical representation of the logical relationships, also referred to as dependencies, among the project schedule activities.

It is produced manually or by using project management software.  It can include full project details, or have one or more summary activities. A summary narrative can accompany the diagram and describe the basic approach used to sequence the activities.  Any unusual activity sequences within the network should be fully described within the narrative. It also contains the logical relationships of predecessors and successors that will be used to calculate the schedule.

This term is defined in the 5th edition of the PMBOK.

Schedule forecasts are the estimates or predictions of conditions and events in the project’s future based on information and knowledge available at the time the schedule is calculated. In the project management, forecasts are updated and reissued based on work performance information provided as the project is executed. The information is based on the project management’s past performance and expected future performance, and includes earned value performance indicators that could impact the project in the future.

The schedule forecasts are derived from progress against the schedule baseline and computed time estimate to complete (ETC). This is typically expressed in terms of schedule variance (SV) and schedule performance index (SPI). For projects not using earned value management, variances against the planned finish dates and forecasted finish dates are provided. In project management, forecast may be used to determine if the project is still within defined tolerance ranges and identify any necessary change requests.

To calculate the schedule forecasts, a schedule model may require more than one project calendar to allow for different work periods for some activities. Control schedule is the process of monitoring the status of project activities comprising the inputs, tools and techniques and output. The schedule forecasts fall under output process.

This term is defined in the 5th edition of the PMBOK.

The collection of information for describing and controlling the schedule is called the schedule data.  It includes at least the schedule milestone, schedule activities, activity attributes, and documentation of all identifies assumptions and constraints. In project management, schedule data could also include items such as histograms, cash-flow projections, and order and delivery schedules.

In the project management, the schedule data will be reviewed and updated in the control schedule process. It is updated and compiled into schedule model to reflect actual progress of the project and remaining work to be completed. The scheduling tool and the supporting schedule data are used in conjunction with manual methods or other project management software to perform schedule network analysis to generate an updated project schedule.

The updated project schedule will be generated from the schedule model populated with updated schedule data to reflect the schedule change and manage the project. On the other hand, the resource breakdown structure is a hierarchical representation of resources by the category and type.

Examples of resource categories include labor, material, equipment, and supplies. Resource types may include the skill level, grade level, or other information as appropriate to the project. The resource breakdown structure is useful for organizing and reporting project schedule data with resource utilization information.

This term is defined in the 5th edition of the PMBOK.

The collection of information for describing and controlling the schedule is called the schedule data.  It includes at least the schedule milestones, schedule activities, activity attributes, and documentation of all identifies assumptions and constraints.

In project management, schedule data could also include items such as histograms, cash-flow projections, and order and delivery schedules.  In the project management, the schedule data will be reviewed and updated in the control schedule process. It is updated and compiled into schedule model to reflect actual progress of the project and remaining work to be completed.

The scheduling tool and the supporting schedule data are used in conjunction with manual methods or other project management software to perform schedule network analysis to generate an updated project schedule. The updated project schedule will be generated from the schedule model populated with updated schedule data to reflect the schedule change and manage the project.

On the other hand, the resource breakdown structure is a hierarchical representation of resources by the category and type. Examples of resource categories include labor, material, equipment, and supplies. Resource types may include the skill level, grade level, or other information as appropriate to the project. The resource breakdown structure is useful for organizing and reporting project schedule data with resource utilization information.

This term is defined in the 5th edition of the PMBOK.

Schedule baseline is the approved version of a schedule model that can be changed only through formal change control procedures and is used as a basis for comparison to actual results. The project management contains the schedule baseline, used as a reference to compare with the actual results to determine if a change, corrective action, or preventive action is necessary.

In the project management, duration estimates may include contingency reserves, sometimes referred to as time reserves or buffers, into the project schedule to account for schedule uncertainty. Contingency reserves are the estimated duration within the schedule baseline. Schedule baseline is one of the elements of project management that may be updated.

The changes to the schedule baseline are incorporated in response to approved change requests related to project scope changes, activity resources, or activity duration estimates. It may be updated to reflect changes caused by schedule compression techniques. Such documents of the schedule baseline are the accepted schedule performance measures, including start to finish dates, which also indicates when the project costs will be incurred. Because of new work (or omitted work) generated by the risk responses, schedule baseline may be updated to reflect those changes.

This term is defined in the 5th edition of the PMBOK.