Free Slack Notes: Definitions & Explanations PDF | Download eBooks
Study Free Slack lecture notes PDF with project management definitions and explanation to study “What is Free Slack?”. Study free slack explanation with project management terms to review project management course for online MBA programs.
Free Slack Definition:
Free Slack is the amount of time a particular activity can be postponed without delaying the earliest start time of its immediately succeeding activities.
Successful Project Management by Jack Gido and James P. Clements
Free Slack Notes:
Sometimes an activity takes more time than the estimated duration. Moreover, activities can be postponed due to different reasons. The amount of time an activity can be postpones without affecting the successor activity's start time is called free slack. To calculate the value of free slack, total slack values must be known. Free slack is the relative difference between the total slack values of the activities that enter into a particular activity. Considering the activities that enter into an activity, the lowest slack value is found and it is subtracted from the total slack values of the remaining activities entering into the said activity. The answer shows the value of free slack. As free slack is a relative difference so its value is always positive.
Keep Learning with Project Management Notes
What is Feeling Depressed?
Every occupation has some stressful situations that affect the individual's performance. Situations that can cause stress during a job can ...
What is Final Report?
A written communication tool that is used throughout the project to communicate project related information is report. One of the ...
What is Risk Response Planning?
A risk response planning process involves preparing a plan which will be implemented in response to a potential risk. The ...
What is Progress Report?
Different reports are prepared throughout the project. One of them is progress report. A progress report shows the progress of ...
What is Organizing?
One of the responsibilities of a project manager is organizing the project. It involves allocating appropriate resources to the tasks ...
What is Complexity?
The word 'complexity' refers to something being complicated. Projects can be of different types, easy or complex. Complex projects are ...