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How to have the time a task would take and duration for a task in MS Project 2010?

Within my projects I would like to have two different notions of time for a task:

  1. How many hours of actual work the task is expected to take
  2. A time frame for the task that the above hours should be done in

My reasoning behind this is that the people working on these tasks should be very loosely managed and have a lot of independence.

The general time frame will allow me to use the start date as a way to remind them of the tasks, and check in with them to make sure that they can meet the end date. I also figure the general time frame will allow me to leverage the convenience of auto scheduling. The actual work hours will make sure that I am not asking to much from any one person at a time (across multiple projects).

  1. Is there a more proper vocabulary for what I am describing here?
  2. How can I do this with MS Project 2010?
  3. Accepting the idea of loose management as a correct premise, is there anything beyond that from what I am describing that could be a major pitfall with this methodology.