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activity name; WBS reference; Slack/Float: Determines the duration of activity delay that the project can tolerate before the project comes in late. The difference between the earliest and the latest start time. [1]: 502 [2]: 183 i.e. Slack = latest start date - earliest start day or Slack = latest finish time - earliest finish time.
A work-breakdown structure (WBS) [2] in project management and systems engineering is a breakdown of a project into smaller components. It is a key project management element that organizes the team's work into manageable sections.
Sequence of activities; Tasks grouped into 5 project phases (conception, definition & planning, launch, performance, close) Task dependencies map; Critical path analysis; Project milestones; In order for a project schedule to be healthy, the following criteria must be met: [7] The schedule must be constantly updated (weekly works best).
In a project network, a dependency is a link among a project's terminal elements. [citation needed]The A Guide to the Project Management Body of Knowledge (PMBOK Guide) does not define the term dependency, but refers for this term to a logical relationship, which in turn is defined as dependency between two activities, or between an activity and a milestone.
The "extra" duration of each task on the critical chain—the difference between the "safe" durations and the 50% durations—is gathered in a buffer at the end of the project. In the same way, buffers are gathered at the end of each sequence of tasks that feed into the critical chain.
The work breakdown structure (WBS) is a tree structure that shows a subdivision of the activities required to achieve an objective – for example a portfolio, program, project, and contract. The WBS may be hardware-, product-, service-, or process-oriented (see an example in a NASA reporting structure (2001)). [75]
Budgeted cost of work scheduled – (BCWS) the approved budget that has been allocated to complete a scheduled task (or Work Breakdown Structure (WBS) component) during a specific time period. Constructability – is a project management technique to review the construction processes from start to finish during pre-construction phase. It will ...
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F).. The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project.