Project Master Schedule PMS This work is licensed

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Project Master Schedule Master schedule for a project is a rigid definition of the duration of the project based on the project master plan and detailed work schedules. By taking into consideration project milestones and deliverables, the master schedule for a project ensures that the project completion occurs on time. Master schedule contains definitions and dates for every milestone of the project as well as the requirements for all the deliverables pertaining to the project. Inside the project master schedule is the allocation of the time required to achieve every objective and the documentation and illustration of the relationships between all activities.

continued… An effective master schedule derives its information from the master project plan and detailed work schedules. The soundness of the master schedule depends on the quality and accuracy of its underlying components, project managers must take steps to ensure their preparation with the highest possible degree of precision. Creating the master schedule is a bottom-up process that takes the results from two major planning initiatives to coordinate all the activities and objectives of a project to establish a realistic and firm completion date for the project.

Components of the Master Schedule The master schedule depends on the adequate construction of the master project plan and the detailed work schedules for the project to enable it to accurately determine the accurate time each milestone will be completed and each deliverable will be produced. Here you will find an overview of the project master plan and detailed work schedules. After the master project plan and each detailed work schedule is complete, the master schedule for a project starts to take shape.

In its final form, it should include a listing of all activities at every level within the project, together with the interrelationships of activities defined in relation to all of the milestones and deliverables of the project. Because the master schedule is rigid once completed, steps should be taken to ensure that adequate padding for durations is included in the underlying schedules.