Float in project management is the amount of time that a terminal element in a project network can be delayed by, without causing a delay to: Project management is the discipline of organizing and managing resources in such a way that these resources deliver all the work required to complete a project within defined scope, time, and cost constraints. ... In project management, a terminal element is the lowest element (activity or deliverable) in a work breakdown structure(WCS); it is not further subdivided. ... A project network is a graph (flow chart) depicting the sequence in which a projects terminal elements are to be completed by showing terminal elements and their dependencies. ...
subsequent terminal elements (free float)
project completion date (total float).
An activity that has a total float equal to zero is said to be a 'critical activity', this means that any delay in the finish time of this activity will cause the entire project to be delayed. A critical activity has a free float equal to zero, but the opposite is not always correct.
Sometimes called slack.
Image File history File links Download high-resolution version (640x640, 42 KB) Graphically depicts the difference between Free float and Total Float. ...
See also
List of project management topics A Agile software development Artemis (software) B BugBox (software) D Dependency Duration (project management) E Earned value management Estimation Extreme project management F Float (project management) Focused improvement Fordism G Gantt, Henry Gantt chart Goal (management) The Goal (book) Goldratt, Eliyahu M. H I ISO 10006 Iterative and Incremental development...
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Float interferes with the scan entry of the information on the label since the desired information does not move in front of the scan head in a consistent manner.
Other kinds of float are Mail Float caused by delays in mail handling between cities; holiday float created when a bank is not open for business due to a state or national holiday; and return item float, created when checks are returned for insufficient funds or other reasons.
The free float of a public company is an estimate of proportion of shares that are not held by large owners and that are not stock with sales restrictions (restricted stock that cannot be sold until they become unrestricted stock).
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