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Activity/Task - ✔✔Smaller components included in an overall schedule that are
identified for the purpose of planning, scheduling, monitoring, and controlling the
project. Activities are described in terms of time and will consume resources.
Milestone - ✔✔Mark a significant point in time for reference or measurement, zero
duration, just a goal date.
Work Breakdown Structure (WBS) - ✔✔A hierarchical decomposition of the total scope
of work to be carried out by the project team to accomplish the project objectives and
create the required deliverables.
Duration - ✔✔The length of time for an activity, series of activities or even a project.
Durations are always in work days.
Predecessor - ✔✔Task that comes before another task and is dependent on the
following task.
Successor - ✔✔Task that comes after another task and is dependent on the previous
task.
Lag Time - ✔✔Planned delay between tasks.
Relationship - ✔✔Defines how an activity relates to the start or finish of another
activity. Add relationships between activities to create a path through your schedule
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, External Relationship - ✔✔Finish to Start (FS)
Finish to Finish (FF)
Start to Start (SS)
Start to Finish (SF)
Critical Path - ✔✔Longest path to complete the project. Longest continuous chain of
activities through the network schedule which establishes the minimum overall project
duration.
Baseline Plan - ✔✔Original Schedule
Progress - ✔✔Actual completion status of a task in the schedule.
Resource Calendar - ✔✔A calendar which indicates the working days of a specific
resource. People, equipment, or materials.
Summary Task - ✔✔A single-line task that summarizes all the tasks indicated within its
group. Usually shown to indicate the total duration of a phase.
Slack - ✔✔The time a task can be delayed without affecting the interdependent tasks
dates.
Slippage - ✔✔The duration of time that a task varies from the original baseline plan.
Generally, it indicates a delay
from the original baseline Start Date.
Variance - ✔✔The measure of change in a task duration either in a positive or negative
connotation.
Free Float - ✔✔The amount of time that a task can slip before it impacts the start of the
successor task. The amount
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