Subtitles of the Movie

In this movie, we'll cover a brief overview of the Project Time Management Knowledge Area. This knowledge area is concerned with the completion of the project on time, creating a realistic project schedule and deadlines or working with preexisting deadlines and adhering to them. We accomplish this through the six time related knowledge area processes; these include activity definition, activity sequencing, activity resource estimating, activity duration estimating, schedule development and schedule control. Looking at the relationship between the processes within a knowledge area helps you to see how they rely on one another through a bigger picture. The time knowledge area is extremely clear cut and several of these processes in practice occur concurrently. Let's go through the steps, first the activities are defined in the first process and a list of the schedule activities is created. Those activities are then taken and placed in sequence after figuring out the existing dependencies. The quantity and type of resources whether people resource, material or equipment is estimated through the next process and then based on the information we have so far including the resource estimates the duration of the activities is estimated. So at this point we have the list of activities arranged by sequence with estimates on their duration and utilize resources. With all of this information we can now put together the project schedule in the next process. Of course that schedule must be controlled to make sure that deviations don't get out of control and the changes to the project schedule are managed properly. Let's take a look at a snapshot of the processes individually. As a reminder the first process generates the activity list but also think about what goes into creating this list. Remember that the WBS was decomposed down to the work package level; this process takes those work packages and decomposes them down to the activity level here. See how the work is broken up into manageable pieces because putting together a list of schedule activities is not an easy task and that's why these tools and techniques reflected are in important and why templates are also valuable. Activity sequencing takes the activity list and milestones and formats them into schedule network diagrams. Several tools and techniques are utilized here and we spoke of two primary types of network diagrams that exist. Determining the type and quantity of resources for each schedule activity is important in determining the duration. If you have a senior more experienced resource performing the work then it may move faster, the same with having multiple resources performing the work as opposed to one. Notice that we again are looking at alternatives and the resulting outputs are the activity resource requirements, the resource breakdown structure and resource calendar. These will all be important for the next process and the next process calculates the duration. There are several estimating techniques, we're equipped to handle activities where not enough information has been provided and also situations where we have enough information to come up with a more accurate estimate using a three point estimate technique. These duration estimates are progressively elaborated and it's important to look at the quality of data that is being used. For example are we creating the preliminary project schedule based on minimal information or do we have detailed information and more accurate estimates. And the final resulting output is a duration estimate. The schedule development process takes all the information we just covered to create the project schedule. We had covered at length the critical path method and other techniques that allow us to look at the various angles and scenarios towards creating a realistic project schedule and the result? The project schedule along with the details included in the schedule model data and a schedule baseline. As with the past two knowledge areas the Time Knowledge Area has a control process that controls changes, in this case to the schedule. This process is concerned with influencing the factors that create change, determining the current status and managing changes to the schedule. You can see these reflected in the tools and techniques which list several ways of maintaining updates in the status of the project and also in controlling changes through the schedule change control system. And you can see the generated performance measurements as an output and notice all the updates that result from the approved changes and that brings this review of the project Time Management Knowledge Area to a close. Within this knowledge area there were several calculations and techniques which should be memorized for the certification exam.