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Fairy tale method

Fairy tale method

A method that is helpful in becoming aware of life goals. For this purpose, one's own life fairy tale is written. The focus is on all private and professional achievements.

Financial resources

Financial resources

Funds available or needed for the remuneration of work and services.

Float (= total float)

Float (= total float)

The available time, derived from the network plan, by which an activity can be extended or delayed without any impact on the project finish date.

Float, conditional

Float, conditional

Total float available for an activity chain, taking other activities into consideration.

Forecast

Forecast

  1. General:
    Obtaining information about future developments by way of surveys, scenario writing, extrapolation, regression etc.
  2. In project management:
    Prognosis about the future development of the project. The most important forecasting tools are milestone trend analyses and cost trend analyses.

Four-point conflict resolution

Four-point conflict resolution

  • Identify the conflict
  • Address the conflict
  • Find a solution
  • Implement the solution

Free float (= FF)

Free float (= FF)

The amount of float available when all predecessor activities are scheduled for their earliest deadlines.

Function

Function

An area of responsibility or competence defined in terms of its content. (See Position)

Functional project organisation (= Unit or line project organisation)

Functional project organisation (= Unit or line project organisation)

The hierarchical relationships between staff and departmental managers, central departmental managers and executive management team members in an organisation. In project management, line organisation refers to the vertical incorporation of project team members in their base organisation.

Funeral oration method

Funeral oration method

A method that is helpful in becoming aware of life goals. The following questions are to be answered: What do you want to be said in your own funeral speech? What goals do you want to have achieved - both privately and professionally? What was your private and professional life like?