Topic Four, Part 12 - Critical Path Analysis (Floats and Analysis/Requires Further Revision) Flashcards
1
Q
What is a float?
A
Shows how delayed an activity can be before effecting the next activity
2
Q
What is a total float?
A
How long an activity can be delayed before affecting the projects end time
3
Q
What is a Free float?
A
Amount of spare time available for an activity without delaying the whole project
4
Q
What is a critical path?
A
Dotted line on the diagram to show a journey of activities with no float time
5
Q
What is a dummy activity?
A
A activity created to purely illustrate dependency
6
Q
Advantages of critical path analysis?
A
- Materials can be ordered to arrive when needed
- Informed decisions can be made
7
Q
Disadvantages of critical path analysis?
A
- Diagrams can be unmanageable
- Timescales need to be realistic
