We introduce a six layer model of traffic variations and a corresponding model of management actions. In particular, we traffic study real time traffic management on the traffic and session levels which correspond to variations on the hour and minute levels. Using virtual paths (VPs) and virtual channels (VCs) as the managed entities on the two levels respectively, we put forward a simple and robust strategy for traffic management in real time: For slow variations, i.e. on the traffic level, all nodes simultaneously monitor offered traffics and forward the result to a network management centre (NMC); The NMC computes a new set of optimal VPs compares the result to the existing network; If a change appears profitable, the ne...