HKSM

Key Points

• Combines sequences, durations, dependencies, resources, and constraints into a single schedule model (e.g., via critical path and network analysis).
• Applies techniques like leads/lags, schedule compression (crashing, fast tracking), and resource leveling or smoothing.
• Results often include a schedule baseline, milestone list, and time-phased activities for execution and control.
• Iterative: the schedule is refined as estimates, risks, and resource availability change.

Example

A construction project team sequences foundation, framing, and inspections; estimates durations; assigns crews; accounts for permit windows; then analyzes the network to find the critical path. They fast-track framing with late-stage design work, level resources to remove crew overallocations, and baseline the approved schedule for performance tracking.

PMP Example Question

Which process integrates activity sequences, duration estimates, resource needs, and timing constraints to produce the schedule model used for guiding execution and controlling progress?

1. Define Activities
2. Sequence Activities
3. Develop Schedule
4. Control Schedule

Correct Answer: C — Develop Schedule

Explanation: Develop Schedule takes inputs from defining, sequencing, and estimating to create the integrated project schedule model; Control Schedule is used later to track and manage changes.