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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Project Float
What is Project Float  

What is Project Float


Project Float is the period of time for which a project activity can be delayed without causing a deferment to the entire project time or other activity’s duration. It shows the ability of project schedule to be adjusted and steady to any changes happened in activity durations, with no extension of project completion date. Project float is also called project slack.

There are two kinds of project float time, such as:

  • Total float – a time period for which an activity can be deployed, with no effect to project completion date.
  • Free float – a time period for which an activity can be deferred, without the need to reschedule other activities in the same project.

Project float is a great tool to reallocate project resources between project activities without affecting scheduled and fixed timeframes. Managers use project slack time to divert resources from less important activities to more prioritized ones. Project float calculation is usually made in the following 3 steps:

  • Identify early start date for an activity
  • Identify late start date
  • Calculate float time as difference between the dates.

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