Basic Methods of Project Time Management

Project Time Management is the key area of Project Management for ensuring timely delivery of projects by streamlining the processes involved. In Project Management, time is an important factor that requires efficient management. A proper Project Time Management is the key to success of any project. Apart from being responsible for handling the project life cycle, a project manager must intelligently manage the time of project teams.

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  Project time can be effectively managed applying some methods. Here we are highlighting some of them:

Identifying Activities:

It’s an important task for a project manager to identify activities from high-level requirements.  He then breaks down the project into high-level tasks or deliverables.  These tasks are further broken down and assigned to teams in the form of Work Breakdown Structure.

Sequencing:

For effective time management a project manager does sequencing of activities. This is all about identifying activities and ordering them for timely execution.

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 Resource Estimating:

A project manager estimates the amount and type of resources for doing the activities. The duration of a project varies depending upon the number of resources allocated for executing the task.

Scheduling:

Scheduling is one of the easiest methods for time management. Here the project manager takes stock of the tasks/activities to determine project duration based on the available resources and allocates the responsibility. Cost plays a vital role when scheduling is being done.  A project manager knows well that a schedule over-run can cost his project dear, so puts the leash on his resources for meeting the target on time.