3.3 (part 2) Flashcards
decision trees
a technique which shows all possible outcomes of a decision
critical path analysis (CPA)/network analysis
a method of calculating the minimum time required to complete a project, identifying delays which could be critical to the completion of the project
earliest start time
how soon a task in a project can begin
it influenced by:
- length of time taken by tasks which must be completed before it can begin
critical path
the tasks involved in a project which if delayed, could delay the whole project
free float
the time by which a task can be delayed without affecting the upcoming tasks
latest finish time
the latest time that a task in a project can finish
network diagram
a chart showing the order of the tasks involved in completing a project
containing information about the times taken to complete each task
nodes
positions in a network diagram which indicate the start and finish time of a task
total float
the time by which a task can be delayed without affecting the whole project