Standardization and promotion of scheduling best practices are being pursued by the Association for the Advancement of Cost Engineering (AACE), the Project Management Institute (PMI),[2] and the US Government for acquisition[3] and accounting[4] purposes.
Project management is not limited to industry; the average person can use it to organize their own life.
It is the core of the project plan used to show the organization how the work will be done, commit people to the project, determine resource needs, and used as a kind of checklist to make sure that every task necessary is performed.
If these components for the schedule are not available, they can be created with a consensus-driven estimation method like Wideband Delphi.
[5] To develop a project schedule, the following needs to be completed:[6] In order for a project schedule to be healthy, the following criteria must be met:[7] The schedule structure may closely follow and include citations to the index of work breakdown structure or deliverables, using decomposition or templates to describe the activities needed to produce the deliverables defined in the WBS.