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A float shows time available for delaying an activity without delaying Finish Date of the
Project.
In other words, delay in some activity would not increase the project duration. Please note
that Critical Activities cannot be delayed. However, Non-Critical Activities can start late or
finished late within the given limitation. Other names for float are: slack, cushion, margin,
excess time or flexibility.
For calculating floats, there are different Methods depending upon format of the Network
used. There are two types of Net Works: Activity-On-Node (AON) and Activity-on-Arrow
(AOA). Results are same in both cases.
Net Work # 2
Shows the time available even if an activity has a Late Start and Early Finish.
It is most adverse type of float and often results in a
negative figure.
FREE FLOAT (FF)
Also called Normal Float, it shows time for which an
activity can be delayed without delaying the early start
of successor activity/activities.
FF will always be less than or equal to TF and never
more.
In all critical activities, FF is always zero.
TOTAL FLOAT (TF)
It shows time for which an activity can be delayed from its ES without delay in
project completion. (In FF, when one activity was delayed, the succeeding activity
was started on time as per its ES and not delayed.)
in TF, however, if one activity is delayed, the succeeding activity or activities would
be affected or re-scheduled.
On Critical Activities, TF is always zero ( as well as FF)
SUB-SET OF AON
In case of free float, the formula is: Early Start of Successor Activities (G) minus Early
Finish of Existing Activity (D). Naturally, if we can finish an activity early but the next will
start sometimes later, we have a free float to delay our activity.
FLOATS
formulae are:
1. IF(i,j)=EF(j) -ES(i)-D(i,j)
2. FF(i,j) = EF(j) - ES(i) - D(i,j),
3. TF(i,j) = LF(j) - ES(i) - D(i,j)
NET WORK # 3
TABLE 1
Gantt Chart
TABLE #2
For example, FF in case of activity 2-3 in AOA is different from the one shown under AON.
The reason is that in AOA, dummies are used which distort the straight calculation.
Here we can resort to Gantt Chart to reconcile the difference as shown in Table #2.
Problems do occur such as shortage of funds or workers or machines. If there are floats,
the manager can decide which activity to give priority and which one to re-schedule. In this
way, it is possible not to let the project suffer because of shortages. Some activities can be
slipped or splitted for a good cause.
In some other article, I would explain how these floats are used for a sound management.