This document discusses different types of schedule floats in critical path method (CPM) project scheduling, including:
- Total float, free float, independent float, and interfering float. It defines each type and provides formulas to calculate them.
- It also discusses negative float and how that indicates delay.
- The document concludes by discussing different interpretations of float ownership when contracts are silent on the issue, including views that float benefits the owner exclusively, contractor exclusively, or should be split between parties. It suggests following the contract terms first if they specify float ownership.