In order to conduct a forward pass move in the forward direction from the project start node to the last node of the network diagram.
It is the longest path in a project schedule network diagram.The following paragraph enumerates various characteristics of the critical path. Monitoring of activities on a critical path ensures that there are no slippages in the schedule. Delay in any activity on the critical path will delay the project completion date.Ĭritical path signifies that all activities on the path must start and finish as per the schedule dates. The overall project duration is the sum total of the duration of all activities in the critical path. Thus, this sequence of activities is the critical path. The critical path of a logically structured project schedule network diagram specifies a sequence of activities that need the utmost attention of the project team. Further, critical path analysis in project management also facilitates the accurate assessment of schedule risk. The critical path method also helps to establish a probabilistic estimate of project completion targets. CPM analysis further allows the project team to work out various scenarios of schedule delays. The critical path method also specifies the extent of schedule flexibility permissible in a given logical relationship. Unlike PERT, the critical path method controls both time and cost aspects of a project. Moreover, critical path method schedule analysis ensures that there are no schedule slippages and cost overruns. It is the most important outcome of the critical path method (CPM) network analysis process. CPM analysis helps to identify a sequence of activities that require close monitoring. The critical path method in project management is a project schedule network analysis technique. of Remington Rand developed Critical Path Method (CPM) in 1958.
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Critical Path Method Schedule Network Diagram.Critical Path Method Schedule Analysis Steps.Critical Path Method Definition of Key Terms.Critical Path Method in Project Management.