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Activities  Pieces of work within a project that consume time. The completion of all the activities of a project marks the end of the project.
Critical Path  The sequence of activities in a project that forms the longest chain in terms of their time to complete. This path contains zero slack time.
Early Start Schedule  A project schedule that lists all activities by their early start times.
Functional Project  A structure where team members are assigned from the functional units of the organization. The team members remain a part of their functional units and typically are not dedicated to the project.
Gantt Chart  Shows in a graphic manner the amount of time involved and the sequence in which activities can be performed. Often referred to as a bar chart.
Immediate Predecessor  Activity that needs to be completed immediately before another activity.
Late Start Schedule  A project schedule that lists all activities by their late start times. This schedule may create savings by postponing purchases of material and other costs associated with the project.
Matrix Project  A structure that blends the functional and pure project structures. Each project uses people from different functional areas. A dedicated project manager decides what tasks need to be performed and when, but the functional managers control which people to use.
Project  A series of related jobs usually directed toward some major output and requiring a significant period of time to perform.
Project Management  Planning, directing, and controlling resources (people, equipment, material) to meet the technical, cost, and time constraints of the project.
Project Milestone  A specific event in a project.
Pure Project  A structure for organizing a project where a self-contained team works full-time on the project.
Slack Time  The time that an activity can be delayed; the difference between the late and early start times of an activity.
Time-Cost Models  Extension of the critical path models that consider the trade-offs between the time required to complete an activity and cost.
Work Breakdown Structure  The hierarchy of project tasks, subtasks, and work packages







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