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Simple Formula Questions – Calculating Float
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Simple Formula Questions – Calculating Float

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Many calculation type PMP questions are pretty straight forward. All you need to know is the right formula, and have a good understanding of the basic concepts to apply the formula in the right way.

Many calculation type PMP questions are pretty straight forward. All you need to know is the right formula, and have a good understanding of the basic concepts to apply the formula in the right way.

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  • 1. Simple Formula Questions– Calculating Float
    www.pmchamp.com
  • 2. Many calculation type PMP questions are pretty straight forward. All you need to know is the Right Formula, and have a good understanding of the basic concepts to apply the formula in the right way.
    JOIN TODAY - Online PMP Exam Preparation Workshop
  • 3. First things first… on the PMP Exam, Float is also written as Slack. They mean the same thing. Float = Slack, and Slack = Float.
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  • 4. Total Float or Slack: It is the amount of time that an activity can be delayed without delaying the project’s end date.
    This gives you to total time or “buffer” you have to play with for this activity, before the project gets delayed.
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  • 5. Free Float: This is the amount of time an activity can be delayed, without impacting the early start date of its successor.
    For this to happen, you need to have 2 or more activities having a common successor.
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  • 6. There is a third kind of Float, called the Project Float. This means the amount of time a project can be delayed, without impacting the externally imposed date by the customer and/or management.
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  • 7. Example:
    A customer asks you to Setup a Booth for an upcoming exhibition, which opens on November 1 this year. You need 4 days to setup the booth.
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  • 8. If now we are in August, you have 2 full months (60 Days) to Complete this Project, but you need only 4 days.
    Therefore, you have a Project Float of 60-4 =
    56 Days.
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  • 9. Is Float Good or Bad?
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  • 10. Continue learning
    How To Calculate Float
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  • 11. Aim to Pass the PMP exam in your first attempt, with the right guidance and the PMI perspective of thinking.
    Join our Online PMP Exam Prep Coaching Workshop
    Or try out as many mock exam tests as you can:
    Free and Paid PMP Resources
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  • 12. And let me know once you pass the exam. All the Best!
    Cheers,Vinai Prakash, PMP
    www.pmchamp.com
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