HKSM

A time-phased plan that shows the intended start and finish dates for project activities, milestones, and deliverables; it is generated from the schedule model and used to direct, communicate, and control work.

Key Points

• The schedule is the dated result; the schedule model is the data, logic, calendars, and rules used to compute it.
• Can be presented as milestone, summary/master, or detailed schedules in formats such as Gantt charts, network diagrams, or calendars.
• Supports control by exposing dependencies, critical path, float, constraints, and resource needs for baseline and forecast views.
• See project schedule and schedule model.

Example

On a software project, the PM builds the schedule in a tool by sequencing design, development, testing, and deployment, assigns calendars, and baselines the dates. Each week the team updates progress; the PM reviews the critical path and float to forecast the release date and plans corrective actions if slippage appears.

PMP Example Question

Which statement best describes the project schedule?

1. A repository of activities, relationships, calendars, and rules used to calculate dates.
2. A time-phased plan with planned start and finish dates for activities and milestones used to guide and monitor execution.
3. A list of resources and costs assigned to each work package.
4. A prioritized backlog that orders features by business value.

Correct Answer: B — A dated plan of activities and milestones

Explanation: The project schedule is the dated plan used to manage work. Option A describes the schedule model; C is a cost/resource list; D is an agile backlog.