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 Groupware?
Due to globalization, individuals living in different countries or cities are added to the project team. As communication among the ...
What is Filtering?
In the field of project management, technology has made the work of project manager somewhat easy. Project management softwares can ...
What is Project Management Knowledge Area?
Knowledge area is an area of specialization in any field and involve a set of processes to address that topic. ...
What is Cost Performance Index?
Monitoring of a project is necessary. The difference between the planned work and the actual work is not a new ...
What is Risk Probability and Impact Assessment?
Risk probability and impact assessment can be divided into two parts; risk probability assessment and risk impact assessment. As the ...
What is Technical Section of a Proposal?
A proposal from a contractor for a particular project is divided into three sections. One of them is technical section. ...
