Even though it works for some people, I personally do not use it. 

Some people tend to create whole update schedules fixing time periods for giving time to their stories in order to cope with writer's block.

I don't really see how it helps but many people claim that it does so I am including it in here as well. Though to be honest, it has hardly ever worked for me.

Update schedules are made as follows:

Monday - 10:00 to 12:00 - story A, 01:00 to 03:00 - story B and so on and so on.

The process continues in the same way until you have a full outline of which story to write in what time. In that case you are able to manage your time and also take some time out for stories. 

I do admit it is great for time management but I don't really see how you can write without inspiration. Inspiration comes in the most unexpected of times so setting a specific time for a specific story might help or it might not be of any use. 

It all depends upon the inspiration.

***