Best Practice 7: Ensuring Reasonable Total Float
Management should be aware of schedule float. Activities with the lowest total float values constitute the highest risk to completing the schedule or meeting interim milestones. In general, if zero-total-float activities or milestones are not finished when scheduled, they will delay a program the same length as their delayed finish—unless successor activities on the critical path can be completed sooner than originally planned. An activity’s delay causes total float to decrease, thus increasing the risk of not completing the program as scheduled.
Incomplete, missing, or incorrect logic, unrealistic activity durations, and unstatused work distort the value of total float so that it does not accurately represent the schedule’s flexibility. In addition, total float may not be a completely accurate measure of flexibility if the schedule has date constraints or deadlines such that low or even negative float values for activities do not drive the finish milestone. Thus, it is imperative that managers for both the customer and the contractor proactively manage total float as activities are completed. Doing so will ensure that the program schedule accurately depicts the program’s flexibility and enables management to make appropriate decisions in reallocating resources or resequencing work before the program gets into trouble.