Final answer:
Project Schedule Management is the set of processes and techniques used to plan, develop, monitor, and control the schedule of a project.
Step-by-step explanation:
Project Schedule Management is the set of processes and techniques used to plan, develop, monitor, and control the schedule of a project. It involves creating a timeline of activities, assigning resources and durations to each task, identifying dependencies between tasks, and tracking progress to ensure the project stays on schedule.
For example, let's say you are managing a construction project to build a new office building. Project Schedule Management would involve creating a detailed schedule that specifies when each phase of the construction should be completed, such as laying the foundation, installing utilities, and finishing the interior. By closely monitoring the progress of each activity and making adjustments as needed, you can ensure that the project is completed on time.
In summary, Project Schedule Management helps project managers effectively organize and allocate resources, manage dependencies, and monitor progress to ensure projects are completed within the designated timeframe.