Duration in Project Management – Definition and Meaning
Example, best practice, and further information
In a software development project, the estimated duration for the testing phase of a particular software component might be set at 5 working days. A best practice is to estimate activity durations realistically, considering resource availability, dependencies, and potential risks. This aligns with time management techniques in the PMBOK Guide and with the planning of agile iterations or sprints. Careful estimation of duration helps to create realistic schedules and minimize the risk of delays.