1. A computerized method for managing time standards, comprising: generating, by a computer, a plurality of time standard templates, comprising: receiving, at the computer, a plurality of tasks associated with the manufacturing of a part at one or more task centers; receiving zero or more variables associated with a respective task; receiving zero or more variables associated with a respective task center; and receiving one or more algorithms, each algorithm operable to determine a time value associated with a respective task, the time value representing a time period to complete the respective task; receiving an association of each of the plurality of time standard templates with one or more respective application sheets; receiving an association of each application sheet with one or more respective task centers; receiving a set of work instructions associated with the manufacturing of the part; receiving an association of a task center planning group of the set of work instructions with one or more of the plurality of time standard templates; generating a plurality of time standards associated with each task center planning group; and storing the time standards in a memory.