Regularly Scheduled Weekly Events

To create a weekly event at the same day and time of the week:

Click on the Weekly tab in the Schedule properties.
Double-click on the time period you want to define as a weekly event. Or, if the event will span more than one time period, click and drag to create an event for that length of time then right-click on the event and select the New Event command from the context menu. In either case, the Event - NewEvent dialog box appears.

Event - NewEvent dialog box in the Weekly view defines weekly recurring events

Select a label (color) from the 'Show As' drop down list, if desired (optional).

'Show As' Menu in the Event - NewEvent Window

Enter the Subject, which is the name of the event that appears in the calendar. Subject names must be unique.
Enter the location into the Location text box (optional).
Enter the Start time and End time directly into the text entry fields, or select the dates from the Date Picker by clicking the down arrow.
If the event is to be an all day event, then enable the All day event check box.
Should a conflict including regularly scheduled events occur, the event with the higher priority controls the resource. Set the Event Priority in the pulldown menu to any value between 1 (the lowest) and 1000 (the highest).

Edit Event Dialog Box

Click the OK button to create the regularly scheduled weekly event with the properties you entered.