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Developing a Schedule (Steps (Identifying the activities crucial to timely…
Developing a Schedule
Steps
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Estimating the time required for each activity that is the time for the work to be done plus any waiting time.
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Forward Pass
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Calculated on the basis of the project estimated start time and estimated durations of proceeding activities
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Float
An indication of a waiting period on an activity, when it is waiting for another activity to finish.
Calculated in either of two ways: Float = LS – ES, or Float = LF – EF
When the activities have a float of zero, indicates to the project manager the activities that are on critical path (CP).
The earliest start time for a specific activity must be the same as/later than the latest of all the earliest finish times of all the activities leading directly into a specific activity