Difficulty: Easy
Correct Answer: Latest allowable time and earliest completion time
Explanation:
Introduction / Context:
In CPM networks, float (slack) quantifies scheduling flexibility. Correctly defining slack is crucial for identifying activities that can be delayed without affecting the project completion date.
Given Data / Assumptions:
Concept / Approach:
Total float is the amount of time an activity can be delayed without delaying the project finish date. Numerically, total float = LS − ES = LF − EF. This is the difference between the latest allowable time and the earliest time for the same endpoint (start or finish). Option (b) captures this relationship in words.
Step-by-Step Solution:
Verification / Alternative check:
If TF = 0, the activity is critical; any delay increases project duration. If TF > 0, the activity may slip within TF without impact.
Why Other Options Are Wrong:
Options (a), (c), and (d) misuse terms like “normal expected time”; slack does not compare to cost-estimating durations, it compares earliest and latest schedule times.
Common Pitfalls:
Confusing free float (LF of predecessors to ES of successors) with total float; mixing start and finish times inconsistently.
Final Answer:
Latest allowable time and earliest completion time
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