What is Float? And, What is Slack? in Project Management | Summary and Q&A

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March 30, 2023
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Online PM Courses - Mike Clayton
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What is Float? And, What is Slack? in Project Management

TL;DR

Float and Slack are interchangeable terms referring to the flexibility in project scheduling, allowing activities to be delayed without adverse effects.

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Questions & Answers

Q: What is float in project management?

Float, also known as slack, refers to the flexibility in project scheduling. It is the amount of time an activity can be delayed without negatively impacting other activities.

Q: How is free float calculated?

Free float is calculated by subtracting the earliest finish time of the prime activity from the earliest start time of the successor activity.

Q: Is there a difference between free float and total float?

Yes, free float refers to the time an activity can be delayed without affecting a successor activity. Total float, on the other hand, is the time an activity can be delayed without delaying the overall project deadline.

Q: How does float impact project management?

Float is important in project management for several reasons. It helps mitigate the risk of schedule delays, aids in prioritization of tasks, allows for monitoring and evaluation of low float activities, and improves team morale by providing time for creative thinking and relaxation.

Summary & Key Takeaways

  • Float and Slack are terms used to describe the amount of time a project activity can be delayed without impacting other activities.

  • Free float refers to the time a scheduled activity can be delayed before affecting a successor activity.

  • Total float is the amount of time an activity can be delayed without affecting the overall project deadline.

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