Six Sigma Global Institute (SSGI) Project Management Professional Certification Practice Exam

"Late Finish" in project management specifically refers to the latest possible point in time that an activity can be completed without causing a delay to the overall project's completion date. This concept is part of the critical path method, which helps to determine the scheduling and timing of project activities.

When planning a project, it is essential to establish not only when tasks must start and finish but also to understand the flexibility available in the schedule. The Late Finish is critical for identifying the float or slack available for each activity. By knowing the Late Finish, project managers can assess risks, allocate resources effectively, and prioritize tasks that might be on the critical path.

Understanding the Late Finish allows project managers to ensure that any adjustments made to the project schedule do not adversely affect the overall timeline, maintaining project control and focus on deadlines. This concept is foundational for effective project scheduling and resource management.