Lag Notes: Definitions & Explanations PDF | Download eBooks
Study Lag lecture notes PDF with project management definitions and explanation to study “What is Lag?”. Study lag explanation with project management terms to review project management course for online MBA programs.
Lag Definition:
A lag is defined as the amount of time a successor activity will be delayed with respect to a predecessor activity.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Lag Notes:
The project related activities are defined and the relation between the activities are established and understood. After that, the project schedule is developed. The relationships between activities and the dependencies affect the time required to complete the activities which in turn will compltet the project on time. The activities can either be accelerated or delayed during a project accordingly. The amount of time for which an activity can be delayed with respect to the activity prior to it is called lag. Lag is a very important concept in project network diagrams. Lag is not added in the activity duration estimates and does not affect them. For example, activity A of the project is to be completed in two days and activity B is estimated to be finished in three days. A lag would be if the team waits for one day after completion of activity A to start activity B. Lag in this case is one day.
Keep Learning with Project Management Notes
What is Systems Development Life Cycle?
To computerize different operations and processes of an organization, information systems are developed. The development of an information system is ...
What is Theory Y?
Project managers tend to adopt different strategies to direct their project team members. A strategy to direct the team members ...
What is Reward Power?
Out of all the authorities granted to the project manager, the major one is to command the project team members ...
What is Ability to Handle Stress?
Although a project is planned beforehand, it is likely to get behind schedule due to many unforeseen reasons. In this ...
What is Reserve Analysis?
After estimating the duration and cost estimates, it is important to consider the situations of uncertainty. Based on the uncertainty ...
What is Prompt List?
The project associated risks that are predetermined are listed in a document called prompt list. Prompt list is a list ...