Slack is the amount of time a task can be delayed without impacting the start date of a subsequent task. Use the Minimum Slack for Critical Path link to enter the minimum slack (in days) after which a task will be on the critical path.
To set the minimum slack:
Configuring Percentage Completion
Official Phase Start and Close Defaults
Manage Detail Section Display Preference
Manage Project Cycle Time Mode
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Last Published Thursday, December 01, 2016