Lead Notes: Definitions & Explanations PDF | Download eBooks
Study Lead lecture notes PDF with project management definitions and explanation to study What is Lead?. Study lead explanation with project management terms to review project management course for online MBA programs.
Lead Definition:
A lead is defined as the amount of time a successor activity can be advanced with respect to a predecessor activity.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Lead Notes:
While scheduling a project's activities, it is important to understand the relationship between the activities i.e. the dependencies. Schedule and dependencies are closely linked to completion time of activities and ultimately, the overall project's successful and timely completion. The activities can either be accelerated or delayed during a project accordingly. The amount of time for which an activity can be accelerated with respect to the activity prior to it is called lead. Lead is a very important concept in project network diagrams. Lead basically shows the overlap of two activities. For example, if activity B is started when activity A of the project is half-finished, the amount of time by which activity B is advanced is called lead. Lead is added as a negative value.
Keep Learning with Project Management Notes
What is Fixed Price Contract?
There are many types of contracts that can be made between a customer and a contractor to carry out a ...
What is Controlling?
One of the responsibilities of a project manager is controlling the project. It involves tracking the actual progress of the ...
What is Percent Complete?
Just as important it is to plan a project, the monitoring of the actual performance is also necessary. As the ...
What is Norming?
When different people start working together, they have a feeling of nervousness, are not been able to trust each other ...
What is Common Cause Variation?
A process can have different types of variations. A type of process variation that has known or unknown causes and ...
What is Excellence?
Different types of projects are carried out by organizations. Some become successful while others may fail. Although failure is not ...