Critical Path Analysis
|CRITICAL PATH ANALYSIS|
|Mathematically based algorithm for scheduling a set of project activities. It is an important tool for effective project management. Any project with interdependent activities can apply this method of scheduling. The advantages of this techniques are the maximization of the efficiency in the use of time and the generation of cost savings and improvement of the efficiency in the use of resources.
The essential technique for using CPM is to construct a model of the project that includes the following: