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 is a mathematically-network based algorithm in which can be used for planning, scheduling and monitoring project progress. <ref> Larson, E. W & Gray, C. F. (2014). <i>Project Management - The Managerial Process</i>. 6th edition, p. 161. USA: NY</ref> | 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 in which can be used for planning, scheduling and monitoring project progress. <ref> Larson, E. W & Gray, C. F. (2014). <i>Project Management - The Managerial Process</i>. 6th edition, p. 161. USA: NY</ref> | ||
| − | The technique developed in late 1950s uses a network representation to display interrelationships and dependencies between project activities that must be accomplished to complete a project. The technique is used for analyzing projects by determining the longest sequence of tasks through a project network and therefore to identify the shortest possible time to complete the project. | + | The technique developed in late 1950s uses information from work breakdown structure (WBS) in a network representation to display interrelationships and dependencies between project activities that must be accomplished to complete a project. The technique is used for analyzing projects by determining the longest sequence of tasks through a project network and therefore to identify the shortest possible time to complete the entire project. |
Revision as of 17:03, 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 in which can be used for planning, scheduling and monitoring project progress. [2]
The technique developed in late 1950s uses information from work breakdown structure (WBS) in a network representation to display interrelationships and dependencies between project activities that must be accomplished to complete a project. The technique is used for analyzing projects by determining the longest sequence of tasks through a project network and therefore to identify the shortest possible time to complete the entire project.
Contents |
Overview
Introduction
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Background
Application and use
Methodology
The Project Network
Example
Consdideration of Time-Cost trade-offs
Once the critical path and timeing of activities has been identified - the next question is if it is possible to shorten the project in order to finish within a certein deadline.
Here is maybe possible to do an example of project crashing.
