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A project burndown chart. A burndown chart for a completed iteration is shown above and can be read by knowing the following: [4] X axis The project/iteration timeline Y axis The work that needs to be completed for the project. The time or story point estimates for the work remaining will be represented by this axis. [3] Project start point
Milestones are tools used in project management to mark specific points along a project timeline. These points may signal anchors such as a project start and end date, or a need for external review or input and budget checks. Some contracts for products include a "milestone fee" that may be paid out when certain points are achieved.
In a progress Gantt chart, tasks are shaded in proportion to the degree of their completion: a task that is 60% complete would be 60% shaded, starting from the left. A vertical line is drawn at the time index when the progress Gantt chart is created, and this line can then be compared with shaded tasks.
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). The EAC (Estimation at Completion) value must be equal to the baseline value. The remaining effort must be appropriately distributed among team members (taking vacations into ...
The project has two critical paths: activities B and C, or A, D, and F – giving a minimum project time of 7 months with fast tracking. 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 ]
Float in a project network is the amount of time that a task in a project network can be delayed without causing a delay to subsequent tasks and or the project completion date. Hammock activity – is a schedule (project management) or project planning term for a grouping of subtasks that "hangs" between two end dates it is tied to.