What Is a Constraint?
A constraint is a fixed requirement that limits the flexibility of the planning. Typical examples are a fixed start date, a deadline that cannot be moved, or the condition that an activity must not begin before a …
PageWhat Is the Percentage Complete?
The percentage complete indicates, as a percentage, how far an activity has already progressed. 0 percent means that work has not yet started, 100 percent that it is fully done. The percentage complete is the central …
PageWhat Is the Status Date?
The status date is the cut-off date to which all evaluations of a project refer. Up to this date the recorded actual values apply, after it the planned values. It is therefore the reference point for every plan-actual …
PageWhat Is the Critical Path Method (CPM)?
In a nutshell The Critical Path Method (CPM) is a scheduling technique used to identify the sequence of essential tasks and their earliest and latest possible completion times. It ensures project managers can spot …
PageWhat Is a Baseline?
The baseline is one of the most popular project management terms among project managers. A baseline displays the expectation and is used to measure the performance of the project. There are three baselines in project …
PageWhat Is the Resource Calendar For?
A resource calendar defines the working days along with non-working days which specifies the activity of resources. It is particularly used to calculate the holidays.
PageWhat Is the Critical Path in Project Management?
In a nutshell The critical path is the longest sequence of activities in a project plan that must be completed on time for the entire project to finish on schedule. If any activity on this path is delayed, the project …
PageWhat Is Float or Slack?
In short, a float is the amount of time that an activity can be delayed without causing a delay to other activities or even the project completion date. In Merlin Project, the name we give to the float is slack. …
PageWhat Is a Balanced Scorecard?
The balanced scorecard, abbreviated: BSC, is an English term for a balanced report sheet. It is primarily a concept for measuring and documenting the activities of a company with regard to the company's vision and …
PageWhat Is the Difference Between Effectivity and Efficiency?
A principle of business administration describes the difference between two elementary attributes that increase productivity. Decisions should be made in such a way that they are both effective and efficient. But what …
