One firm has harnessed a technology used in the semiconductor and watchmaking industries for the production of micro molds. The micro hardness tester, a (1/6th) scaled down version of the IRHD dead load hardness tester was introduced in the 1950s to test thinner and small production samples.
Lag Time is the delay between the first and second activity. For example, the time duration for the first activity is 3 days, and for the second activity it is 2 days. After completing the first activity you wait for one day, and then you start second activity. In this case we say that Lag Time is one day, or Finish to Start activity with one day delay or lag.
Lead Time and Lag Time in Project Scheduling Network Diagram. The concept of Lead Time and Lag Time is very important in project scheduling network diagram. As a Project Manager, you must know about the Lead Time and Lag time in order to better understand your project plan and execute it accordingly. Although, this concept is not very difficult, a few people still find it difficult to understand.