Time Management
•Description: Establish a scientific approach to time estimating. Identify schedule constraints, perform “what if” analyses for various time scenarios, review budget and procurement impacts on schedule.
•Why it is important: Results of time management planning include documenting schedule issues caused by resource (people, funds, materiel) availability, impact of cost estimates on the schedule, vendor selection criteria, and potential risks. The product from this effort is an approved, workable schedule based on project goals, vendors’ schedule, and budget constraints. Time and resource leveling, issues and constraints are all documented in this effort.
•Tools: MS Project or similar tools, budget, procurement methods, lessons learned, Gantt charts, templates, analogous, parametric, and three point estimates, critical path method, resource leveling, scheduling tools, bottom up estimates.
•How Wright Management and Consulting Group performs this task: One-on-one discussions with stakeholders/project owners, interviews, literature reviews, subject matter expert interviews, document results and use appropriate tools to define products and review with customer to fine tune, obtain written agreement to proposed plan.
•Link to other project tasks: Time management is linked to cost estimating, supports the requirements and is performed in accordance with the project management plan.
•Training/mentoring offered: Issue identification/tracking, developing vendor selection criteria and selection process, risk identification and tracking, quality control, resource leveling
•Why it is important: Results of time management planning include documenting schedule issues caused by resource (people, funds, materiel) availability, impact of cost estimates on the schedule, vendor selection criteria, and potential risks. The product from this effort is an approved, workable schedule based on project goals, vendors’ schedule, and budget constraints. Time and resource leveling, issues and constraints are all documented in this effort.
•Tools: MS Project or similar tools, budget, procurement methods, lessons learned, Gantt charts, templates, analogous, parametric, and three point estimates, critical path method, resource leveling, scheduling tools, bottom up estimates.
•How Wright Management and Consulting Group performs this task: One-on-one discussions with stakeholders/project owners, interviews, literature reviews, subject matter expert interviews, document results and use appropriate tools to define products and review with customer to fine tune, obtain written agreement to proposed plan.
•Link to other project tasks: Time management is linked to cost estimating, supports the requirements and is performed in accordance with the project management plan.
•Training/mentoring offered: Issue identification/tracking, developing vendor selection criteria and selection process, risk identification and tracking, quality control, resource leveling