The Critical Path Method (CPM) in Project Management
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| − | According to the <span class="plainlinks">[https://en.wikipedia.org/wiki/Project_Management_Institute Project Management Institute (PMI)]</span>, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet project requirements and objectives. <ref>Project Management Institute. (2008). <i> A Guide to the Project Management Body of Knowledge</i>. 4th Edition. p. 6. USA.</ref> The challenging task of managing projects can be supported by an <span class="plainlinks">[https://en.wikipedia.org/wiki/Operations_research operation reserach]</span> technique called the <span class="plainlinks">[https://en.wikipedia.org/wiki/Critical_path_method <b>Critical Path Method (CPM)</b>]</span>. The CPM | + | According to the <span class="plainlinks">[https://en.wikipedia.org/wiki/Project_Management_Institute Project Management Institute (PMI)]</span>, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet project requirements and objectives. <ref>Project Management Institute. (2008). <i> A Guide to the Project Management Body of Knowledge</i>. 4th Edition. p. 6. USA.</ref> The challenging task of managing projects can be supported by an <span class="plainlinks">[https://en.wikipedia.org/wiki/Operations_research operation reserach]</span> technique called the <span class="plainlinks">[https://en.wikipedia.org/wiki/Critical_path_method <b>Critical Path Method (CPM)</b>]</span>. The CPM is a mathematically-network based algorithm for scheduling a set of project activities and is used for planning, scheduling and monitoring project progress. |
Revision as of 13:51, 8 September 2016
According to the Project Management Institute (PMI), project management is the application of knowledge, skills, tools and techniques to project activities in order to meet project requirements and objectives. [1] The challenging task of managing projects can be supported by an operation reserach technique called the Critical Path Method (CPM). The CPM is a mathematically-network based algorithm for scheduling a set of project activities and is used for planning, scheduling and monitoring project progress.
Contents |
Overview
Introduction
hello
Background
Application and use
Methodology
The Project Network
Example
Consdideration of Time-Cost trade-offs
Benefits of CPM in project planning
Limitations of CPM
References
- ↑ Project Management Institute. (2008). A Guide to the Project Management Body of Knowledge. 4th Edition. p. 6. USA.
