Time Management Knowledge Area : Key Benefits

Key Benefit

uPlan Schedule Management/u The Key benefit of this process is that it provides guidance and direction on how project schedule will be managed throughout the project and defines procedures and standards for planning.

u Define Activities/u The Key benefit of this process is that it breaks down work packages into activities that provide a basis for estimating, scheduling, executing, monitoring and controlling the project work.

uSequence Activities/u The Key benefit of this process is that it defines a logical sequence of work to obtain the greatest efficiency given all project constraint.

uEstimate Activity Resources/u The Key benefit of this process is that it identifies the type, quatity and characterstics of resources required to complete the activity which allows more accurate cost and duration estimates.

uEstimate Activity Durations/u The Key benefit of this process is that it provides the amount of time each activity will take to complete.

uDevelop Schedule/u The Key benefit of this process is that by entering schedule activities duration, resources, resource availability and logical relationships between activities into scheduling tool generates a schedule model with planned dates to start and finish project activities.

uControl Schedule/u The Key benefit of this process is that it provides means to recognize deviations from plan and take corrective or preventive actions to minimize risk.