The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule.
“How will we manage the project schedule?”
Not about creating the schedule itself
But about defining how the schedule will be created and controlled
The primary purpose of Plan Schedule Management is to:
Provide guidance and direction on scheduling activities
Ensure consistency and standardization
Define roles, tools, and methods
Establish a framework for monitoring and control
A Schedule Management Plan is a formal document that establishes the policies, procedures, and guidelines for managing the project schedule.
It does not contain the schedule itself, but explains how the schedule will be created and controlled.
Defines how scheduling processes will be carried out
Ensures consistency across the project
Establishes baseline and performance measurement methods
Helps track delays and variances
Who develops the schedule?
Who approves changes?
Defines thresholds and escalation paths
Helps in timely corrective actions
Avoids ad hoc planning
Ensures disciplined scheduling practices
Approach used for developing the schedule
Critical Path Method (CPM)
Agile iterations / sprints
Rolling wave planning
Ensures everyone uses the same scheduling logic
Software and tools used
MS Project
Primavera
Agile tools like Jira
Ensures standardization and compatibility
Degree of precision in activity duration estimates
±10% or ±15% accuracy
Helps manage expectations
Units used for scheduling
Example:
Hours, days, weeks
Resource units (e.g., man-days)
Avoids confusion in estimates
Alignment with WBS and control accounts
Ensures schedule integrates with:
Cost management
Scope management
How the schedule will be updated
Frequency of updates
Who updates it
Version control
Keeps schedule current and reliable
Acceptable variance limits
±5% schedule variance
Triggers corrective action when exceeded
How progress will be measured
Earned Value Management (EVM)
Milestone tracking
Enables objective performance tracking
How schedule information will be communicated
Gantt charts
Milestone charts
Dashboards
Ensures stakeholder-friendly communication
How schedule changes are handled
Approval process
Impact analysis
Documentation
Prevents uncontrolled schedule changes
How the baseline is created and approved
Baseline = reference point for performance comparison
Resource allocation rules
Leveling and smoothing
Ensures realistic scheduling