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The Curious Bag
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Project time management is the manager's ability to oversee a project, then set a limit on the time, cost, and schedule for the project to begin and end. Project time management allows products and services to be created and completed in a timely manner.
Objective
During project time management, managers will define the project objective by stating how they want the outcome of the product or service to function.
Product Type
Project time managers will state how they will create the product or service by defining a product scope. Then managers will put together a work breakdown schedule to assign employee tasks to do when working on the project.
Schedule Tasks
Project time managers will design a graphic organizer called a project network design. A project network design describes the employee project assignments and target dates to complete each level of the project.
Time Frame
Project time managers will estimate time and cost for a product or service if they are delays in completing the project.
Benefits
Project time management helps companies keep track of time, schedules, and money spent on resources and services to complete a project.
Source:
InformIT: Real World Project Management: Time Management for Project Managers
The Simplified Project Management Process
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