Passage: A schedule may also involve the completion of a project with which the public has no interaction public prior to its completion. In project management, a formal schedule will often be created as an initial step in carrying out a specific project, such as the construction of a building, development of a product, or launch of a program. Establishing a project management schedule involves listing milestones, activities, and deliverables with intended start and finish dates, of which the scheduling of employees may be an element. A production process schedule is used for the planning of the production or the operation, while a resource schedule aids in the logistical planning for sharing resources among several entities.

Question: What is the initial step in project Management?
a formal schedule