Schedule Activity
A scheduled component of work performed during the course of a project. A schedule activity typically has an estimated duration, cost, and resource requirements. Schedule activities are connected to other activities or schedule milestones with logical relationships, and are decomposed from work packages.
Several attributes characterize each scheduled activity, such as a specified duration, cost estimate, and resource requirements. These attributes help project managers allocate time, finances, and personnel effectively.
A key aspect of scheduled activities is their interconnectedness within the project structure. Activities link to other activities or milestones through logical relationships dictating the task sequence, i.e., in what order the tasks must happen. This enables project managers to establish a proper workflow and control the project's progress.
Schedule activities come from work packages, which are broader units of work that encompass multiple related activities. The process of breaking down work packages into individual scheduled activities is known as decomposition. This method allows for greater clarity and precision in the planning phase, as project managers can assign resources, set deadlines, and estimate costs more accurately for each specific activity.
Moreover, scheduled activities serve as a basis for monitoring and controlling project progress. By tracking the completion of individual activities and comparing their actual duration, cost, and resource usage against the initial estimates, project managers can identify deviations from the plan and take corrective action as needed.
In summary, schedule activities are integral elements of project management, providing a clear and organized framework for the successful execution of a project. These activities typically have an estimated duration, cost, and resource requirements and are connected through logical relationships. Derived from work packages, they allow for more detailed and precise project planning and ongoing monitoring and control throughout the project's life cycle.
See all project management words
Methodology specific dictionaries / glossaries
- View the Agile Dictionary
- Managing Successful Programmes (MSP) Dictionary
- Prince 2 glossary of terms
- Full ITIL glossary of terms
- See also Risk Management Dictionary.