ENTREPRENEURIAL OPERATIONS
TIME MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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any time after activity durations have been estimated
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once the total float for a network path has been calculated
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as soon as all activities are defined
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none of these
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Detailed explanation-1: -No, Total Float is not always greater than Free Float. Total Float represents the amount of time that a task can be delayed without affecting the completion date of the project, while Free Float represents the amount of time that a task can be delayed without affecting the start date of its subsequent tasks.
Detailed explanation-2: -Free float is often associated with activities NOT on the critical path. Free Float can only be non-zero when two or more activities have a common successor activity. Total float is the total amount of time an activity on the schedule network diagram can be delayed without affecting the project finish date.
Detailed explanation-3: -Total float: It is the amount of time that the completion time of an activity can be delayed without affecting project completion time. Free float: It is the amount of time that the activity completion time can be delayed without affecting the earliest start time of the immediate successor activities in the network.
Detailed explanation-4: -Total Float = LS – ES (it is also calculated by LF – EF)Free Float = Lowest ES of successors – EF. Free Float = Lowest ES of successors – EF.