Project Time Management

Course details

Effective project management requires adequate time for planning and based on the results of planning, adequate time for implementation of those plans. In this chapter, we'll discuss how project activities are decomposed and then how the work packages are sequenced, calculated, and accounted for. We'll also discuss the art and science of estimating the time for work packages in new and familiar projects. Once the work's been decomposed, we'll create and visualize the network diagram. Time management is an essential element on the PMP exam. You'll need a solid understanding of the activities and methods to predict and account for project time. Time management is crucial to not only passing the PMP exam, but also to successful project management.

To effectively finish and manage a project, a project manager must be able to effectively manage time. Within a project there can be many factors that affect the project length: activity duration, project calendars, resource calendars, vendors, activity sequencing, and more. Time management begins with the constraints of the product schedule, the project calendar, the resource calendars, as well as the activities and their expected duration.