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The Timebox Plan is fundamentally designed to manage and outline the specific time frames allocated for each iteration within an Agile project. It focuses on identifying key delivery schedules for these iterations, ensuring that teams can concentrate on delivering functional increments of the product within predetermined time constraints. This allows for a rhythm and a structure to the Agile process, where teams can evaluate progress, adapt to changes, and maintain a steady pace of development.

By centering on key delivery schedules, the Timebox Plan helps Agile teams prioritize work, manage scope effectively, and enhance collaboration amongst team members. It's crucial for instilling accountability and facilitating regular feedback loops. Consequently, the Timebox Plan serves as a practical and strategic tool for guiding the Agile process and synchronizing efforts around defined cycles of work, making option B the correct representation of what the Timebox Plan consists of.