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J
No terms for J
K
Key Event Schedule
See master schedule.
L
Lag
A modification of a logical relationship
which directs a delay in the successor task. For example, in a finish-to-start
dependency with a 10-day lag, the successor activity cannot start
until 10 days after the predecessor has finished. See also lead.
Late Finish Date
(LF) In the critical path method, the
latest possible point in time that an activity may be completed
without delaying a specified milestone (usually the project finish
date).
Late Start Date
(LS) In the critical path method, the
latest possible point in time that an activity may begin without
delaying a specified milestone (usually the project finish date).
Lead
A modification of a logical relationship
which allows an acceleration of the successor task. For example,
in a finish-to-start dependency with a 10-day lead, the successor
activity can start 10 days before the predecessor has finished.
See also lag.
Level of Effort
(LOE) Support-type activity (e.g., vendor
or customer liaison) that does not readily lend itself to measurement
of discrete accomplishment. It is generally characterized by a uniform
rate of activity over a specific period of time.
Leveling
See resource leveling.
Life-cycle Costing
The concept of including acquisition,
operating, and disposal costs when evaluating various alternatives.
Line Manager
(1) The manager of any group that actually
makes a product or performs a service. (2) A functional manager.
Link
See logical relationship.
Logic
See network logic.
Logic Diagram
See project network
diagram.
Logical Relationship
A dependency between two project activities,
or between a project activity and a milestone. See also precedence
relationship. The four possible types of logical relationships are:
Finish-to-start: the ''from'' activity must finish before the ''to''
activity can start; Finish-to-finish: the ''from'' activity must
finish before the ''to'' activity can finish; Start-to-start: the
''from'' activity must start before the ''to'' activity can start;
Start-to-finish: the ''from'' activity must start before the ''to''
activity can finish.
Loop
A network path that passes the same node
twice. Loops cannot be analyzed using traditional network analysis
techniques such as CPM and PERT. Loops are allowed in GERT.
©2001, Strategic Management Group, Inc.
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