Rename a Period
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Click on the Timeline View.
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Click a period to select it and then click the Rename Period icon.
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Enter in the new name and hit Enter.
Adjust Start and End Time
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Click on the Timeline View.
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Click the edge of a period and drag to the desired start or end point.
Delete Periods
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Click on the Timeline View.
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Click individual or multiple periods to select them and then click the Trash icon to delete the periods.
Note: You will be prompted to confirm the deletion before deleting permanently.