Guide to Time Management in Project Performance Management (PMBOK Guide Seventh Edition)

Time Management is a crucial concept in the Project Management Professional (PMP) Certification exam, as set out by the PMBOK Guide Seventh Edition.
Why it is important: Time Management is vital as it ensures the timely completion of the project, leading to increased efficiency and customer satisfaction. Mastery of this aspect can contribute significantly to the successful completion of the PMP examination and thus improve your professional credibility.
What it is: Time Management in Project Performance management involves processes required to ensure timely completion of the project. This includes planning, defining and sequencing activities, estimating the duration of activities, developing and controlling the schedule.
How it works: It works by setting realistic deadlines for various project tasks and using appropriate project management tools to ensure that these deadlines are met.
Answering Questions: When answering questions regarding Time Management in the exam, ensure to demonstrate a clear understanding of the various processes involved in time management and how they relate to each other.
Exam Tips: Understanding the practical aspects and real-life applications of Time Management concepts can make the difference between simply passing the exam and achieving a high score. Be familiar with key terminologies, PMBOK processes, and tools used in project time management. Practice scenario-based questions to gauge your understanding and application of these concepts. Remember, explanation answers should involve not only the 'what' but also the 'how' and 'why' of Time Management.