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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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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.

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Home » Glossary » What is Project Slack
What is Project Slack  

What is Project Slack


Project Slack is amount of time which project tasks can be delayed before affecting next tasks. You may need to define a project slack (also called a project float) in order to identify the Critical Path of your project – a sequence of tasks that have certain leeway for being started earlier or to be delayed. Tasks on a project activity diagram can be characterized by availability of total slack (which is how much a task can slip before it delays the whole project) and free slack (the amount of time that a task can be delayed without postponing its successor tasks).

“Slack” analogy appears because of the project task diagrams: tasks are interconnected there with a help of lines that may look like ropes – tasks with float time can be imaginably “moved” closer to earlier or later tasks – they are not tightly fixed. Calculating project slack is based upon studying all tasks and determining their start & finish dates, durations, predecessor dates, task dependencies, and constraints. Sometimes slack can be a negative number – this indicates that this amount of time must be saved earlier to prevent delay (in other words not enough time was allocated for the task).

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