A Complete Proof System for Timed Observations Y. Ortega Mallen, D. de Frutos Escrig Timed Observations is a failure and divergence semantic model for concurrent processes, suitable for real-time systems. Actions are not instantaneous but need some time to complete their execution, and `true' concurrency is expressed by action multisets (bags). Time is global and discrete. The model is applied to TCSP, obtaining a denotational semantics, for which a complete proof system is developed.