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Unformatted text preview: Late Start (LS), Late Finish (LF) Slack LS – ES LF – EF CRITICAL PATH – path with no slacks CRASH – shortening activity durations Shorten the time it takes to finish the project-focus the step that is in the critical path-Look at how long it takes and the cost to do the activity-How much in the cost-Keep crashing until the cost exceeds the benefits Come up with the 3 time estimates – this is because you cannot be sure how long it will take.-Optimistic-Most Likely-Pessimistic Extra credit – any company that is doing a project with 3 time estimates...
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- Project Management, Critical path, project manager, Critical path method, EF CRITICAL PATH