The process of creating a schedule management plan influences the success of the project from many aspects. As always, stakeholder expectations are an invaluable target to meet here. As a project manager, you have to communicate with stakeholders about the scheduling approach of your project. Therefore a comprehensive schedule management plan will be very helpful. In projects that you manage or participate in, the project management team, your stakeholders or customers will naturally want to be informed about the time interval that your project will be completed.
According to this very common expectation of your stakeholders, you can make an estimate by analyzing the technical characteristics of the project, examining the scope of the project, meeting with your project team and contacting expert opinions, going into the details of the WBS. As a project manager, you may have to deal with some projects that may have predetermined end dates that you must comply with due to some time constraints put forward by your client, senior management, or stakeholders.
What is a project schedule management plan according to PMBOK?
The schedule management plan is a subsidiary plan of the project management plan. It simply guides the project team to develop a schedule, control schedule, manage and execute it. A project management plan illuminates the roles and responsibilities of all these tasks. It defines a schedule management approach. As you see it is a thorough guide to schedule management. In PMBOK 7, schedule management plan is used in the planning performance domain.
What are the components of the schedule management plan?
The schedule management plan usually includes
- The methodology determined for developing the project schedule,
- The necessary project management methods which will be used while developing the schedule,
- The specific software to develop and control the schedule,
- The rules for evaluating the project's performance in terms of schedule,
- Reporting formats,
- Roles and responsibilities,
- Acceptable deviations from the original plan.
- Project schedule model development: This identifies any existing organizational scheduling methodologies as well as scheduling tools that will be used to develop a project schedule.
- Level of accuracy: This identifies how accurate the final schedule will be. It's essential to determine the desired level of accuracy for the schedule.
- Units of measure: How will the length of activities we measure in minutes hours days weeks or months? This identifies the desired unit of measure that will be used in organizational procedures.
- Project schedule model maintenance: This identifies how the schedule is revised and updated. Once the project moves into execution control thresholds think of this is where we start to panic this section identifies a threshold that indicates when corrective action needs to be taken.