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PROJECT SCHEDULING WITH KNOWN ACTIVITY TIMES  377


                                      then


                                                                      LS ¼ LF   t                       (9:2)


                                      Beginning the backward pass with activity I, we know that the latest finish time is
                                      LF ¼ 26 and that the activity time is t ¼ 2. Thus, the latest start time for activity I is
                                      LS ¼ LF   t ¼ 26   2 ¼ 24. We will write the LS and LF values in the node directly
                                      below the earliest start (ES) and earliest finish (EF) times. So, for node I, we have:


                                                                      I  24       26
                                                                     2  24       26



                                                                Latest start     Latest finish
                                                                  time             time

                                         The following rule can be used to determine the latest finish time for each activity
                                      in the network.
                                          The latest finish time for an activity is the smallest of the latest start times
                                          for all activities that immediately follow the activity.
                                      Logically, this rule states that the latest time an activity can be finished equals the
                                      earliest (smallest) value for the latest start time of following activities. Figure 9.6
                                      shows the complete project network with the LS and LF backward pass results. We
                                      can use the latest finish time rule to verify the LS and LF values shown for activity
                                      H. The latest finish time for activity H must be the latest start time for activity I.
                                      Thus, we set LF ¼ 24 for activity H. Using Equation (9.2), we find that LS ¼ LF
                                        t ¼ 24   12 ¼ 12 as the latest start time for activity H. These values are shown in
                                      the node for activity H in Figure 9.6.
                                         Activity A requires a more involved application of the latest start time rule. First,
                                      note that three activities (C, D and E) immediately follow activity A. Figure 9.6
                                      shows that the latest start times for activities C, D and E are LS ¼ 8, LS ¼ 7 and
                                      LS ¼ 5, respectively. The latest finish time rule for activity A states that the LF for
                                      activity A is the smallest of the latest start times for activities C, D and E. With the
                                      smallest value being 5 for activity E, we set the latest finish time for activity A to
                                      LF ¼ 5. Verify this result and the other latest start times and latest finish times
                                      shown in the nodes in Figure 9.6.
                                         After we complete the forward and backward passes, we can determine the
                                      amount of slack associated with each activity. Slack is the length of time an activity
                                      can be delayed without increasing the project completion time (it is also referred to
                                      as Float time). The amount of slack for an activity is calculated as follows:


                                                                Slack ¼ LS   ES ¼ LF   EF               (9:3)


                      The slack for each  For example, the slack associated with activity C is LS   ES ¼ 8   5 ¼ 3 weeks.
                      activity indicates the  So, activity C can be delayed up to three weeks, and the entire project can still be
                      length of time the activity
                      can be delayed without  completed in 26 weeks. In this sense, activity C is not critical to the completion of the
                      increasing the overall  entire project in 26 weeks. Next, we consider activity E. Using the information in
                      project completion time.  Figure 9.6, we find that the slack is LS   ES ¼ 5   5 ¼ 0. So, activity E has zero,




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