Glossary - Construction Project Scheduling and Control - page 479

Fast-Track Projects —Starting the construction process on a project while design is
still underway (i.e., overlapping the design and construction of a project). The
PMI (2013) defines fast-tracking as a “schedule compression technique in which
activities or phases normally done in sequence are performed in parallel for at
least a portion of their duration.”
Finish Milestone —An event marking the completion of an activity(s) with special
significance such as Substantial Completion of construction.
Finish-Restricted Float (in Precedence Networks) —The amount of time we can
delay the start of work on an activity, or the rest of it if it has started, and then
finish on its critical finish date without delaying the entire project.
Finish-to-Finish (FF) Relationship —A logic restraint that does not allow for the
completion of one activity (the successor) until another activity (the
predecessor) is completed.
Finish-to-Start (FS) Relationship —A logic restraint that does not allow for the
start of one activity (the successor) until another activity (the predecessor) is
completed.
Float —The maximum amount of time an activity can be delayed without violating
certain conditions, depending on the type of float. See the specific type of float
for its exact definition. Float is sometimes called slack or leeway .
Force Majeure —An event or effect that cannot be reasonably anticipated or
controlled, which usually entitles the contractor to relief from a contractual
obligation, usually an extension in the time to complete the project.
Forecasted Cost Variance (FCV) —The expected Cost Variance (CV) of an activity
or a project after its completion, assuming the continuation of productivity and
job conditions without change.
Forecasted Schedule Variance (FSV) —The expected Schedule Variance (SV) of an
activity or a project after its completion, assuming the continuation of
productivity and job conditions without change.
Forward Resource Leveling —Leveling resources, starting from a project's start
and going through all project activities, fulfilling their resource requirements
and maintaining the total resource usage within the set limits. With such
restrictions, some activities have to be delayed until resources are available, and
the project duration may be longer than planned, causing the finish date to
occur later than originally scheduled.
Forward Pass —The process of navigating through a network from start to finish
and calculating the early dates for each activity and the project's completion date.
Free Float FF —The maximum amount of time an activity can be delayed from its
Early Start date without delaying the early start of the succeeding activities.
Frequency of Updating —The time interval between two regular schedule updates.
Front-End Loading the Cost —Overestimating early work activities and
underestimating later work activities while maintaining the same overall contract
total. It is a practice done by some contractors to get early money. Owners
dislike and often dispute this practice.
Gantt Chart —See Bar Chart .