Module 26 Terms

Question 1

critical path

Answer 1

Critical path is the longest path through the network.

Question 2

float (or slack)

Answer 2

Float, sometimes called slack, is the amount of time an activity, network path, or project can be delayed from the early start without changing the completion date of the project.

Question 3

critical chain

Answer 3

A last thought is to consider the critical chain which builds on the critical path method by going a step further adding time buffers to account for limited resources. All projects have limited resources and a project manager must insure resources are well managed.