In an activity network diagram, slack time = late start - early start Indicate whether the statement is true or false
A network diagram can be described as a graphical representation of project activities that are utilized by project managers to predict the completion period of the project. The critical path method and PERT are the two classifications of a network diagram.
Answer and Explanation: 1
The correct option is: True
The slack time is described as an amount of time in a particular activity, which causes a delay in that activity without delaying other activities and completion of the project. The slack time in the network diagram is calculated by reducing the early start duration from the latest start duration. Hence, the above statement is true.
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fromChapter 9 / Lesson 18
After completing this lesson, you'll understand what slack time is and how it's calculated. You'll also see why knowing your slack time is important when it comes to finishing a project on schedule.