Do you know how a two-stroke-cycle engine works? In all of them (the ones "we" hand-hold while running), there are transfer passages which conduct the fuel-oil-air mixture to the area above the piston from the crankcase below; and there is the exhaust, too. Both those systems use openings in the cylinder wall which get covered/uncovered as the piston passes by. The intake is usually handled by either a reed valve or by another piston-actuated port (some use a crank-driven rotary valve for the intake, but I don't think those get used on chainsaws which aren't solely racers). The cylinder-wall "valves" open and close at discreet positions of the crankshaft, and those positions are the port timing figures you're hearing about. Other considerations are the shapes and locations of the ports, but you didn't ask about that... The whole mechanism is, quite simply, a bit complicated.
Glen