Unit 9 - Network Diagram and Related Metrics

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BSS 310

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10 Terms

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Network Diagram
A graphical representation of project activities and their dependencies.
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Precedence Diagram Method (PDM)
A technique used to construct a project schedule network diagram.
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Activity
On a network diagram, a task that consumes time and resources.
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Dependency
A logical relationship between two project activities.
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Lead
Time that allows an acceleration of a successor activity.
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Lag
Time delay between the start or finish of one activity and another.
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Critical Path
The longest sequence of activities that must be completed on time for the project to finish on schedule.
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Float (Slack)
The amount of time an activity can be delayed without delaying the project.
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Early Start (ES)
The earliest time an activity can begin without delay.
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Late Finish (LF)
The latest time an activity can finish without delaying the project.