If ignored, it can lead to some serious results like project deadlines can’t meet. In this case, we must calculate the slack time for all the activities on the PERT chart. This is the reason that project managers keep the extra budget in their back pockets to balance the imbalance situations to meet the project deadlines when there is the possibility of slack time occurrences. It is crucial to finish projects on time when it comes to the larger firms and brands. Importance of Slack Time in Project Management On the other hand, if you, as a project manager, go over the slack time, then it can affect the time of other tasks and the overall project deadline as well. In this way, slack time helps keep the project on time which would have been delayed if the project manager had followed the allocated time for each task. Then the manager allocates the extra time to this task from another task that may task less time than the allocated time. To keep the deadline intact, the project manager analyses the time required by all the tasks individually. However, when there is a situation where a task demands time more than the estimated time, then the project manager creates slack time to keep the project on time.įor example, if a task requires deep research or more than expected testing, then this task time may delay the project deadline. If all the tasks are being finished according to their schedules, then there is no need for slack time. Don’t be confused, “Slack” and “Float” are the same things in project management. The “ Float” is another term that we use alternatively for “Slack”. In simple words, with respect to pert and CPM, slack time is the amount of time that can delay the completion of a task without delaying the other tasks or without delaying the overall deadline of the project. Slack Definition: Slack time is referred to as the time difference between the required date to fulfill the critical path and the scheduled completion date. What is Slack Time? Slack Time Defined in terms of Project Management
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