12 Terms
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Project management
Referring to the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project objectives.
Industry: Business services
Add a new termContributors in Project management
Project management
Positive float
Business services; Project management
Time available to complete non-critical activities or work items without affecting total project duration.
Actual start date (AS)
Business services; Project management
The point in time that work actually started on a schedule activity.
Zero float
Business services; Project management
No excess time between activities. An activity with zero float is considered a critical activity. If the duration of any critical activity is increased (the activity slips), the project finish date ...
Tool
Business services; Project management
Something tangible, such as a template or software program, used in performing an activity to produce a product or result.
Monte carlo analysis
Business services; Project management
A technique that computes, or iterates, the project cost or project schedule many times using input values selected at random from probability distributions of possible costs or durations, to ...
Near-critical activity
Business services; Project management
A schedule activity that has low total float. The concept of near critical is equally applicable to a schedule activity or schedule network path. The limit below which total float is considered near ...
Network diagram
Business services; Project management
A schematic display of the sequential and logical relationships of the activities that comprise the project. One popular drawing convention is called precedence diagramming. A view of project data in ...
