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In project management, float or slack is the amount of time that a task in a project network can be delayed without causing a delay to: [1]: 183 subsequent tasks ("free float") project completion date ("total float"). Total float is associated with the path.
In project management, resource smoothing is defined by A Guide to the Project Management Body of Knowledge (PMBOK Guide) as a "resource optimization technique in which free and total float are used without affecting the critical path" of a project. [1]
Since project schedules change on a regular basis, CPM allows continuous monitoring of the schedule, which allows the project manager to track the critical activities, and alerts the project manager to the possibility that non-critical activities may be delayed beyond their total float, thus creating a new critical path and delaying project ...
Critical path drag is a project management metric [1] developed by Stephen Devaux as part of the Total Project Control (TPC) approach to schedule analysis and compression [2] in the critical path method of scheduling. Critical path drag is the amount of time that an activity or constraint on the critical path is adding to the project duration.
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). work breakdown structure, A work breakdown structure (WBS), in project management is a deliverable oriented decomposition of a project into smaller components. A Gantt chart is a type of bar chart, that illustrates a project schedule.
The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project. PERT was originally developed by Charles E. Clark for the United States Navy in 1958; it is commonly used in conjunction with the Critical Path Method ...
In project management, resource leveling is defined by A Guide to the Project Management Body of Knowledge (PMBOK Guide) as "A technique in which start and finish dates are adjusted based on resource limitation with the goal of balancing demand for resources with the available supply."
Earned value management (EVM), earned value project management, or earned value performance management (EVPM) is a project management technique for measuring project performance and progress in an objective manner.