Saturday, April 11, 2009

Critical Path Method

It was first developed by DuPont several decades ago for construction projects. The essential technique inherent in the method is to construct a list or model including all required activities to complete the task, the time they will take, and the sequence in which interdependent tasks have to be performed. The method then figures out what activities are critical to the completion of a project (the critical path) and what activities have some "float time" (are less critical). This allows management to prioritize critical activities. Usually the schedule is edited on a regular basis, to monitor the critical activities and to ensure that non-critical activities do not interfere with the critical ones.

References:

†Critical Path Method of Scheduling - Wikipedia, the free encyclopedia, last modified 22:30, 7 April 2006, http://en.wikipedia.org/wiki/Critical_Path_Method_of_Scheduling

Related Posts:

Some other Optimisation methods

Table of Contents

© 2006 Kumaravel & Project Team

No comments :

Post a Comment

Blog authors can delete the comment if it contains the inappropriate contents.