Project Schedule (M3D2) •Identify the steps for drawing up a project schedule and explain how it helps in project time management. Project time management requires drawing up a feasible project schedule. The project schedule provides the possible start and end dates to a project. Consider the aspects of a project schedule and respond to the following: •Identify the importance of balancing adherence to the project schedule and being flexible. •Specify the level of detail at which you should define activities in a project schedule and assign timelines against them. Give an example from your experience to illustrate this. •Identify the ways by which a project schedule may serve as a tool for managing and monitoring progress of a project.