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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 Schedule Slack
What is Schedule Slack  

What is Schedule Slack


Schedule Slack (or float) is a measure of flexibility in the project schedule: there is total float that means the amount of time which a task can be protracted without delaying the overall project’s completion date, and free float – a period of time that a task can be procrastinated without affecting any other tasks in the project’s schedule. In other words schedule slack is used by project managers to know how many of appropriate time units (days, hours, etc) an activity can be delayed before the project completion date will be delayed as well. Tasks on the project’s schedule, which do not have any slack time are considered as critical ones (cannot be delayed).

To calculate schedule slack you need to:

  • Calculate the earliest start (ES), the earliest finish (EF), the latest finish (LF) and the latest start (LS) for every activity;
  • Slack time is the amount of time between its earliest and latest start time (ES-LS), or between its earliest and latest finish time (EF-LF). Slack time is the time that an activity can be delayed past its earliest start (ES) or earliest finish (EF) without making the whole project late;

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