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  2. Critical path method - Wikipedia

    en.wikipedia.org/wiki/Critical_path_method

    Activity E is sub-critical, and has a float of 1 month. The critical path method ( CPM ), or critical path analysis ( CPA ), is an algorithm for scheduling a set of project activities. [ 1 ] A critical path is determined by identifying the longest stretch of dependent activities and measuring the time [ 2 ] required to complete them from start ...

  3. Slack variable - Wikipedia

    en.wikipedia.org/wiki/Slack_variable

    Slack variables give an embedding of a polytope into the standard f-orthant, where is the number of constraints (facets of the polytope). This map is one-to-one (slack variables are uniquely determined) but not onto (not all combinations can be realized), and is expressed in terms of the constraints (linear functionals, covectors).

  4. Program evaluation and review technique - Wikipedia

    en.wikipedia.org/wiki/Program_Evaluation_and...

    Activity f has an LF of 19.51 and an EF of 14.83, so the slack is 4.68 work days. Therefore, activity b can be delayed almost 4 work days without delaying the project. Likewise, activity d or activity f can be delayed 4.68 work days without delaying the project (alternatively, d and f can be delayed 2.34 work days each). A completed network ...

  5. Algorithms for calculating variance - Wikipedia

    en.wikipedia.org/wiki/Algorithms_for_calculating...

    Algorithms for calculating variance play a major role in computational statistics.A key difficulty in the design of good algorithms for this problem is that formulas for the variance may involve sums of squares, which can lead to numerical instability as well as to arithmetic overflow when dealing with large values.

  6. Float (project management) - Wikipedia

    en.wikipedia.org/wiki/Float_(project_management)

    In project management, float or slack is the amount of time that a task in a project network can be delayed without causing a delay to: [1]: 183 subsequent tasks (" free float ") project completion date (" total float ").

  7. Project network - Wikipedia

    en.wikipedia.org/wiki/Project_network

    A project network diagram is a graph that displays the order in which a project’s activities are to be completed. Derived from the work breakdown structure, the terminal elements of a project are organized sequentially based on the relationship among them.

  8. Reduced cost - Wikipedia

    en.wikipedia.org/wiki/Reduced_cost

    However, the reduced cost value is only non-zero when the optimal value of a variable is zero. A somewhat intuitive way to think about the reduced cost variable is to think of it as indicating how much the cost of the activity represented by the variable must be reduced before any of that activity will be done. More precisely,

  9. Critical chain project management - Wikipedia

    en.wikipedia.org/wiki/Critical_chain_project...

    The longest sequence of resource-leveled tasks that lead from beginning to end of the project is then identified as the critical chain. The justification for using the 50% estimates is that half of the tasks will finish early and half will finish late, so that the variance over the course of the project should be zero. [5]