Asked by Milano Irvin on Apr 24, 2024
Verified
Explain positive and negative float.
Positive Float
The extra time available beyond a project's expected completion time, allowing for delays without affecting the deadline.
Negative Float
In project management, the amount of time by which a project task or activity must be accelerated to meet a deadline or to align with subsequent tasks.
- Illustrate the comprehensive processes in project management, addressing management of risks, the implications of float, and the critical skills for project leadership.
Verified Answer
CA
Chitra AliceMay 02, 2024
Final Answer :
The difference between the estimated time and project completion date is called total or project float. The longest path to the completion of the project is the critical path. If the critical path takes less time than is allowed by the client to complete the project, the project has a positive total float or project slack. If the project completion is before the end date by calculating the critical path end date, the project has negative float.
Learning Objectives
- Illustrate the comprehensive processes in project management, addressing management of risks, the implications of float, and the critical skills for project leadership.
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