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Once this step is complete, one can draw a Gantt chart or a network diagram. A Gantt chart created using Microsoft Project . Note (1) the critical path is in red, (2) the slack is the black lines connected to non-critical activities, (3) since Saturday and Sunday are not work days and are excluded from the schedule, some bars on the Gantt chart ...
The project has two critical paths: activities B and C, or A, D, and F – giving a minimum project time of 7 months with fast tracking. Activity E is sub-critical, and has a float of 1 month. The critical path method ( CPM ), or critical path analysis ( CPA ), is an algorithm for scheduling a set of project activities. [ 1 ]
PERT provides for potentially reduced project duration due to better understanding of dependencies leading to improved overlapping of activities and tasks where feasible. The large amount of project data can be organized and presented in diagram for use in decision making. PERT can provide a probability of completing before a given time.
A project burndown chart. A burndown chart for a completed iteration is shown above and can be read by knowing the following: [4] X axis The project/iteration timeline Y axis The work that needs to be completed for the project. The time or story point estimates for the work remaining will be represented by this axis. [3] Project start point
In project planning, a slippage is the act of missing a deadline. It can be an arbitrary milestone put in place to help track progress. To avoid slippage, one must plan their projects (especially research) carefully to avoid delays in schedule. Using Gantt charts and timeline diagrams can help. [1]
A project network diagram is a graph that displays the order in which a project’s activities are to be completed. Derived from the work breakdown structure, the terminal elements of a project are organized sequentially based on the relationship among them. It is typically drawn from left to right to reflect project chronology. [1]
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