Project management float definition: float (or slack) is the amount of time that a task in a project network can be delayed without causing a delay to subsequent tasks (free float) or project completion date (total float). Let’s consider these types of PM float:
- Total project management float time is how many delays are allowed from the beginning of the project which will not interfere with the projected completion date.
- Free float is the amount of time an activity can be delayed without delaying the early start of any immediate successor activities.
Project management float calculation is what can be performed after determining the critical path, to determine the duration of activity delay that the project can tolerate before it gets procrastinated. As far as in ideal, a project should never go beyond the late finish date, float project management planning helps to know how many days or hours are allotted in the schedule for any possible delays, so people in management can keep the project running right on schedule.
VIP Task Manager is a program that can be used to manage project management float worksheets because this tool is designed for simple time and task management on small and medium projects. With its help you can experience your own float project management example to be managed and compose some schedules to be followed (using Task Tree or Calendar modes).
To plan and analyze your time – do the following:
- start your project planning software;
- set a suitable time management technique and ideas;
- prioritize your tasks;
- plan and schedule tasks and arrangements in terms of costs, time, etc;
- control performance parameters;