Critical Path Method (CPM)
The Critical Path Method (CPM) is a fundamental project scheduling technique used to determine the sequence of activities that directly affects the project's overall duration. By identifying the longest stretch of dependent activities and measuring the time required to complete them from start to finish, CPM helps project managers understand which tasks are critical to timely project completion and which have flexibility in scheduling. Activities on the critical path have zero slack, meaning any delay in these tasks will directly delay the project's finish date. CPM involves constructing a project model that includes all essential activities, their durations, dependencies, and milestones. This model is typically represented using network diagrams, showcasing the flow and interconnections between tasks. By analyzing the critical path, project managers can allocate resources more effectively, anticipate potential bottlenecks, and implement strategies to mitigate risks associated with delays. Additionally, CPM provides insights into the earliest and latest start and finish times for each activity, enabling better scheduling and resource optimization. Understanding the critical path is crucial for effective time management and plays a significant role in project planning, execution, and control within the PMI framework.
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