- Plan. Identify which sources and resources will provide the project schedule information, such as the scope baseline, scheduling takeaways from similar previous projects and subject matter experts. Select the appropriate software tool to manage the schedule. This could be a standard project management tool used by your company, or it can be one you have selected considering your project's level of complexity, reporting automation needs and team collaboration requirements.
- Develop. Break down the work packages and deliverables into actionable tasks. Identify key milestones, such as completion of major deliverables or project phases. Sequence tasks logically, depending on their execution order and dependency on other tasks. Match team members to each task with their corresponding skills. Assess task efforts and all project time based on historical data from a similar project, or using techniques such as the Program Evaluation and Review Technique (PERT).
- Validate. Work with subject matter experts to review and validate the developing schedule.
- Follow through. After creating a baseline project schedule, track the completed tasks and achieved milestones. Developing a project schedule is not a final destination -- it has to be maintained.
- Adjust. You will rarely finish the project by following the exact schedule plan you began with. Adjust the schedule as you go by exploiting the opportunities that arise (such as fast-tracking activities or finishing work earlier, if possible), or taking corrective actions when faced with delays or unexpected activities (such as enlarging the team or "crashing" activities).
Essentials of Successful Project Schedule Planning: Part I
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