The document discusses project scheduling and creating project schedules. It defines key terms like terminal elements, precedence diagrams, critical path method (CPM), and float. It outlines the steps to build a project schedule, including identifying tasks, dependencies, and resources; estimating activity times; and sequencing tasks to create a network diagram and determine the critical path. The critical path identifies the longest sequence of tasks to complete the project. Float is the amount of time a task can be delayed without delaying the project completion.