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Study Slack Time lecture notes PDF with strategic management definitions and explanation to study What is Slack Time?. Study slack time explanation with strategic management terms to review strategic management course for online MBA programs.

Slack Time Definition:

  • Amount of time an individual activity can be delayed without delaying the whole project.

    Management by Stephen P. Robbins, Mary A. Coulter



Slack Time Notes:

Slack time is really an expert term utilized in task the board to help individuals make sense of exactly how much time is accessible between the different strides of an undertaking. In undertaking the executives, it's not tied in with being languid despite the fact that the term slack is typically associated with being sluggish and sitting idle. Rather, it reveals to you exactly how much time you need to begin a specific assignment in a task to keep the venture on schedule. On the off chance that you go over the leeway time, at that point you'll be deferring the venture. Slack time is made when certain undertakings of the venture take additional time than others. The leeway time is a significant metric that keeps an undertaking on schedule. Without knowing the leeway time, it very well may be simple for a task to be postponed. With a painstakingly determined leeway time, be that as it may, everyone chipping away at the undertaking will know exactly how much time the individual needs to complete a specific errand of a venture. In the event that everybody remembers the leeway time when chipping away at the task, the undertaking will complete on schedule.

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