Why is time crucial in project management?

Time is crucial in project management for a few reasons.

Schedules

Think about school. You have certain times for different classes. Math might be at 10 a.m., and English at 11 a.m. If math class started late, it would make English class start late too, which could mess up the whole school day. It's the same with projects - if one part of the project is late, it can make the whole project late.

Promises

Let's say it's your friend's birthday next week, and you want to build them a Lego castle as a gift. You need to finish building it in time to have a gift for your friend's birthday. In real projects, people make promises about when things will be done. If they don't finish on time, people can get upset, or it can cause problems.

Costs

The longer a project takes, the more it can cost. Let's say you're paying your friend to help you build the Lego castle. If it takes longer than you thought, you'll have to pay your friend more. Managing time can also help control costs.

Planning

When you have a good plan, you can make sure you have everything you need when you need it. For example, if you know you'll need a particular Lego piece next week, you can make sure to get it this week.

So, as you can see, time is a really important part of managing a project. A good project manager ensures everything is done on time to avoid problems.