|“||[f]unds held by an institution during the check-clearing process before being made available to a depositor. Interest may be earned on these funds.||”|
Float is "the amount of time an activity can slip before affecting successor activities."
Project scheduling Edit
Float is the amount of time by which a predecessor activity can slip before the delay affects the program's estimated finish date.
- ↑ FFIEC IT Examination Handbook, Retail Payment Systems, Appendix B: Glossary (full-text).
- ↑ GAO Review of the Department of Homeland Security's Certification of the Secure Flight Program—Cost and Schedule Estimates, at 8 n.14.
- ↑ DoD Business Systems Modernization: Air Force Business System Schedule and Cost Estimates, at 4 n.15.