Software Project Management | Schedule Management | Lecture 5

The lecture on Project Schedule Management (PSM) focuses on the actions required to ensure a project is completed on time. The primary goal is to develop and monitor an accurate schedule, which also aids in controlling project scope by defining clear deliverables and helps prevent delays through task coordination and resource optimization. PSM encompasses planning the schedule (defining activities and setting timelines), managing execution (monitoring progress), and controlling timelines (addressing delays and risks promptly). The schedule development lifecycle involves identifying all project Activities, establishing their logical order through Activity Sequencing, accurately Estimating the Duration required for each task, and continuously Monitoring and refining the schedule through Schedule Control. Schedules are typically developed using Network Diagrams, which visually map activities and dependencies and are crucial for conducting Critical Path Analysis to identify the sequence of dependent tasks most critical for timely completion. Visualization is also achieved using Gantt Charts, which provide a clear timeline of tasks and milestones. Performance is tracked by comparing actual progress against the established schedule baseline, often employing techniques like Earned Value Management (EVM). Effective scheduling relies on best practices such as realistic estimation, continuous monitoring, managing changes, and proactively mitigating risks and handling resource constraints.

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