Project Management (AQA A-Level Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
Network analysis definition
Network analysis definition
Technique to find most time-efficient way to complete a project
Critical path
Critical path
Sequence of tasks with no gaps to complete project fastest
Critical activities
Critical activities
Activities on critical path; delays affect whole project
What nodes show in network diagrams
What nodes show in network diagrams
Where one activity stops and another begins
3 parts of a node
3 parts of a node
Node number (left), EST (top-right), LFT (bottom-right)
When node is on critical path
When node is on critical path
When EST and LFT are the same
How to calculate EST
How to calculate EST
Add previous activity's duration to its EST
How LFT is calculated
How LFT is calculated
Work backwards; subtract next activity's duration from its LFT
Float time definition
Float time definition
Spare time available for an activity (only non-critical)
Float time formula
Float time formula
LFT - duration - EST