Slack Time Formula:
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Slack time, also known as float, is the amount of time a task can be delayed without affecting the overall project timeline. It's a crucial concept in project management that helps identify critical paths and manage project schedules.
The calculator uses the slack time formula:
Where:
Explanation: Positive slack indicates flexibility in scheduling, while zero slack means the task is on the critical path.
Details: Calculating slack time helps project managers identify which tasks have scheduling flexibility and which are critical to the project timeline. This information is essential for resource allocation and risk management.
Tips: Enter both latest start and earliest start times in the same units (days, hours, etc.). The calculator will compute the difference between these values.
Q1: What does negative slack time mean?
A: Negative slack indicates that the task is already behind schedule and will delay the project unless corrective action is taken.
Q2: How is slack time different from free float?
A: Total slack considers the entire project timeline, while free float only considers the impact on immediately following tasks.
Q3: What's considered a good amount of slack time?
A: This depends on the project, but generally some slack (10-20% of task duration) is desirable for non-critical tasks to accommodate unexpected delays.
Q4: Can slack time change during a project?
A: Yes, as tasks are completed early or delayed, the slack time for remaining tasks may increase or decrease.
Q5: Should all tasks have slack time?
A: No, tasks on the critical path will have zero slack by definition, as any delay would directly impact the project completion date.