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Total Project Duration

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Definition:
The total time required to complete the project from start to finish, as determined by the critical path.

Key Components:

  • Critical Path Analysis: Identifies the longest sequence of dependent tasks.
  • Milestone Tracking: Helps measure project progress over time.
  • Completion Benchmark: Sets stakeholder expectations for delivery.

Use Cases/Industries:

  • Construction: Estimating the time for a bridge construction project.
  • Energy Sector: Defining the duration of a solar farm installation.
  • IT Projects: Measuring time from project initiation to full system deployment.

Advantages:

  • Provides a clear time frame for project execution.
  • Enables stakeholders to plan resource allocation effectively.
  • Establishes contractual and regulatory commitments.

Challenges:

  • Unforeseen delays can impact total duration.
  • Changes in project scope can extend timeframes.

Related Terms:
Critical Path, Milestones, Schedule Compression

Example:
A power plant construction project is planned to take 24 months, with quarterly milestones marking key achievements.

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Synonyms:
Project Timeline, Execution Period, Completion Timeframe
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