Project management and critical path essay

Since project schedules change on a regular basis, CPM allows continuous monitoring of the schedule, which allows the project manager to track the critical activities, and alerts the project manager to the possibility that non-critical activities may be delayed beyond their total float, thus creating a new critical path and delaying project completion.

Flexibility[ edit ] A schedule generated using the critical path techniques often is not realized precisely, as estimations are used to calculate times: If a critical path activity has another activity in parallel, its drag is equal to whichever is less: Visualizing critical path schedule[ edit ] Although the activity-on-arrow diagram PERT Chart is still used in a few places, it has generally been superseded by the activity-on-node diagram, where each activity is shown as a box or node and the arrows represent the logical relationships going from predecessor to successor as shown here in the "Activity-on-node diagram".

Using these values, CPM calculates the longest path of planned activities to logical end points or to the end of the project, and the earliest and latest that each activity can start and finish without making the project longer.

April Learn how and when to remove this template message Originally, the critical path method considered only logical dependencies between terminal elements.

The method currently used by most project management software is based on a manual calculation approach developed by Fondahl of Stanford University. In addition, the method can easily incorporate the concepts of stochastic predictions, using the program evaluation and review technique PERT and event chain methodology.

Whereas activities that are off the critical path have float and are therefore not delaying completion of the project, those on the critical path will usually have critical path drag, i.

This path, with the constraint-generated total float would actually make the path longer, with total float being part of the shortest possible duration for the overall project.

A list of all activities required to complete the project typically categorized within a work breakdown structureThe time duration that each activity will take to complete, The dependencies between the activities and, Logical end points such as milestones or deliverable items.

Unsourced material may be challenged and removed. A resource-leveled schedule may include delays due to resource bottlenecks i.

In project management, a critical path is the sequence of project network activities which add up to the longest overall duration, regardless if that longest duration has float or not.

This process determines which activities are "critical" i. Although the original CPM program and approach is no longer used, [6] the term is generally applied to any approach used to analyze a project network logic diagram. These results, including the drag computations, allow managers to prioritize activities for the effective management of project completion, and to shorten the planned critical path of a project by pruning critical path activities, by "fast tracking" i.

The drag of a critical path activity can be computed using the following formula: Components[ edit ] The essential technique for using CPM: However, the structure of critical path analysis is such that the variance from the original schedule caused by any change can be measured, and its impact either ameliorated or adjusted for.Page 1 of 10 PD5 Exam Exemplar Questions Mar Determine the critical path of the project (3 marks) are specialised project management techniques and scheduling tools that allow managers to plan, manage and control complex tasks and projects.

They are jointly referred to as network. Critical Path Method and Critical Chain Project ManagementProject schedule plan is the main plan included in any Project Management Plan.

Project schedule isresponsible for bringing project time, cost and quality under control. Project schedule links resources,tasks and time line together.

Critical path project management (CPM) is a technique used to complete projects on time by focusing on key tasks. One path through all the inter-connected tasks is the fastest avenue to take when completing any project. Critical Path Analysis is an extremely effective method of analyzing a complex project.

It helps one to calculate the minimum length of time in which the project can be completed, and which activities should be prioritized to complete by that date/5(6).

Therefore, Kendrick () and Ribeiro () suggest that an alternative to the Gantt chart would be to use a Critical Path Analysis CPA (Network Analysis) whereas Field et al. (), Johnson et al.

Critical path method

() and Davis T. and Pharro R. suggest Gantt Chart should be used along with Critical Path Analysis. The critical path analysis method is a step-by-step technique of a project management that identifies activities in a critical path.

It has a number of dependent tasks and each task is dependent on the preceding one/5(K).

Project management and critical path essay
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