Project Management
In project management lead time is the time it takes to complete a task or a set of interdependent tasks. The lead of the entire project would be the overall duration of the critical path for the project.
Lead time is also the saved time by starting an activity before its predecessor is completed.
According to the PMI (2008), lead is a dependency between two activities (p. 140). An example would be scheduling the start of a 2 week activity dependent with the finish of the successor activity with a lead of 2 weeks so they will finish at the same time.
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