The document discusses project planning and scheduling. It explains that a project schedule describes the software development cycle by enumerating phases, breaking phases into discrete tasks, and estimating task durations. The schedule also depicts interactions between tasks. Project schedules are developed by understanding customer needs, determining milestones and activities to deliver needs, and separating development into phases composed of steps and activities. The critical path method and tools like Gantt charts can then be used to estimate project duration, identify critical paths, and track progress.