Schedule management plan
“Schedule Management Plan” is an output for the process “Plan Schedule Management”.
A component of the project management plan that establishes the criteria and the activities for developing, monitoring, and controlling the schedule. The schedule management plan may be formal or informal, highly detailed or broadly framed, based upon the needs of the project, and includes appropriate control thresholds.
For example, the schedule management plan can establish the following: – Project schedule model development. The scheduling methodology and the scheduling tool to be used
in the development of the project schedule model are specified.
– Level of accuracy. The acceptable range used in determining realistic activity duration estimates is
specified and may include an amount for contingencies.
– U nits of measure. Each unit used in measurements (such as staff hours, staff days, or weeks for time measures, or meters, liters, tons, kilometers, or cubic yards for quantity measures) is defined for each of
the resources.
– Organizational procedures links. The WBS provides the framework for the schedule
management plan, allowing for consistency with the estimates and resulting schedules.
– Project schedule model maintenance. The process used to update the status and record progress of
the project in the schedule model during the execution of the project is defined.
– Control thresholds. Variance thresholds for monitoring schedule performance may be specified to indicate an agreed-upon amount of variation to be allowed before some action needs to be taken. Thresholds are
typically expressed as percentage deviations from the parameters established in the baseline plan.
– Rules of performance measurement. Earned value management (EVM) rules or other physical measurement rules of performance measurement are set. For example, the schedule management plan may specify: ?? Rules for establishing percent complete, ?? Control accounts at which management of progress and schedule will be measured, ?? Earned value measurement techniques (e.g., baselines, fixed-formula, percent complete, etc.) to be employed (for more specific information, refer to the Practice Standard for Earned Value Management) [9], ?? Schedule performance measurements such as schedule variance (SV) and schedule performance
index (SPI) used to assess the magnitude of variation to the original schedule baseline.
– Reporting formats. The formats and frequency for the various schedule reports are defined.
– Process descriptions. Descriptions of each of the schedule management processes are documented.
“Schedule Management Plan” is an input for the process “Define Activities”.
A key input from the schedule management plan is the prescribed level of detail necessary to manage the work.
“Schedule Management Plan” is an input for the process “Sequence Activities”.
The schedule management plan identifies the scheduling method and tool to be used for the project, which will guide how the activities may be sequenced.
“Schedule Management Plan” is an input for the process “Estimate Activity Resources”.
The schedule management plan identifies the level of accuracy and the units of measure for the resources to be estimated.
“Schedule Management Plan” is an input for the process “Estimate Activity Durations”.
The schedule management plan defines the method used and the level of accuracy along with other criteria required to estimate activity durations including the project update cycle.
“Schedule Management Plan” is an input for the process “Develop Schedule”.
The schedule management plan identifies the scheduling method and tool used to create the schedule, and how the schedule is to be calculated.
“Schedule Management Plan” is an input for the process “Identify risks”.
The schedule management plan provides insight to project time/schedule objectives and expectations which may be impacted by risks (known and unknown).
“Schedule Management Plan” is an input for the process “Perform Quantitative Risk Analysis “.
The schedule management plan provides guidelines on establishing and managing risk reserves.
This definition was found in the PMBOK V5
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