This paper investigates the use of a complete metric space framework for pr
oviding denotational semantics to a real-time process algebra. The study is
carried out in a non-interleaving setting and is based on a timed extensio
n of Langerak's bundle event structures, a variant of Winskel's event struc
tures. The distance function of the metric is based on the amount of time t
o which event structures do 'agree'. We show that this intuitive notion of
distance is a pseudo-metric (but not a metric) on the set of timed event st
ructures. A generalisation to equivalence classes of timed event structures
in which we abstract from event identities and non-executable events (even
ts that can never occur) is shown to be a complete ultra-metric space. We p
resent an operational semantics for the considered language and show that t
he metric semantics is an abstraction of it, The operational semantics is c
haracterised by the absence of synchronisation on the advance of time as op
posed to the operational semantics of most real-time calculi. The consisten
cy between our metric and an existing cpo-based denotational semantics is b
riefly investigated. (C) 2001 Elsevier Science B.V. All rights reserved.