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Figure 7-1
-Refer to Figure 7-1. Suppose that the price falls from P2 to P1. Area C represents the
Negative Float
A situation in project management where the calculated time to complete a set of tasks is less than the time allotted, indicating a project is behind schedule.
Critical Path
The longest sequence of activities in a project plan which must be completed on time for the project to finish on schedule.
Resource Calendar
A document or tool that details the days and times when specific resources are available to work on a project, including personnel and equipment.
Constraint
A limitation or restriction that impacts project planning, execution, or outcome, such as time, budget, or resources.
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