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Due to software limitations, but especially the intense work required by the "master production schedulers", schedules do not include every aspect of production, but only key elements that have proven their control effectivity, such as forecast demand, production costs, inventory costs, lead time, working hours, capacity, inventory levels ...
The lead time shows the amount of elapsed time from a chunk of work or story entering the backlog, to the end of the iteration or release. [13] A smaller lead time means that the process is more effective and the project team is more productive. [13] Lead time is also the saved time by starting an activity before its predecessor is completed.
The difference between the earliest and the latest start time. [1]: 502 [2]: 183 i.e. Slack = latest start date - earliest start day or Slack = latest finish time - earliest finish time. Any activities which have a slack of 0, they are on the critical path. solving the PDM, with: BS is an early start date. BM is a late start date.
A burn down chart tracks work remaining over time while burn up charts like the CFD track the growth (or shrinkage) of work in certain states over time. In agile software development, when teams use kanban methodology, the cumulative flow diagram shows the number of active items in each column on a kanban board.
A Gantt chart is a type of bar chart [4] [5] that illustrates a project schedule. [6] This chart lists the tasks to be performed on the vertical axis, and time intervals on the horizontal axis. [4] [7] The width of the horizontal bars in the graph shows the duration of each activity.
A burndown chart or burn-down chart is a graphical representation of work left to do versus time. [1] The outstanding work (or backlog) is often on the vertical axis, with time along the horizontal. A burndown chart is a run chart of remaining work. It is useful for predicting when all of the work will be completed.
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