When a project manager is assigned to a new project that is similar to a previous one, they can leverage the historical data from the closed project to create a draft schedule. This approach allows the project manager to make an informed estimate of the project schedule, taking into account the activities listed and the experiences from the previous project. It's important to note that this is a draft schedule and may be subject to changes as the project progresses. References: Project Management Professional (PMP) Reference Materials source and documents: PMI - Project Management Professional (PMP), PMI - PMBOK Guide and Standards, Professional in Business Analysis Reference Materials study guide: PMI - Professional in Business Analysis