Key Terms

Accurately planning a project budget and schedule is one of the most difficult tasks you’ll face as a project manager. Know the processes I’ve discussed and the terms used to identify them in the PMBOK® Guide. Here’s a list of the schedule planning processes you’ll need to be successful.

Define Activities

Sequence Activities

Estimate Activity Resources

Estimate Activity Durations

Develop Schedule

You’ve also learned a lot of new key words in this chapter. PMI® has worked hard to develop and define standard project management terms that apply across industries. Here is a list of some of the terms you came across in this chapter:

activity duration estimates	Program Evaluation and Review Technique (PERT)
analogous estimating