Critical path vs. critical chain
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== Core difference == | == Core difference == | ||
− | A critical path identifies the longest path of activities to be finished in order to end the project | + | '''A critical path identifies the longest path of activities to be finished in order to end the project''' |
<ref> https://www.projectmanager.com/guides/critical-path-method</ref>. <br /> | <ref> https://www.projectmanager.com/guides/critical-path-method</ref>. <br /> | ||
− | A critical chain identifies the longest path of activities to be finished in order to end the project also considering resource constraints | + | '''A critical chain identifies the longest path of activities to be finished in order to end the project also considering resource constraints''' |
<ref> https://www.geniuserp.com/blog/what-you-need-to-know-about-critical-chain-project-management </ref>. | <ref> https://www.geniuserp.com/blog/what-you-need-to-know-about-critical-chain-project-management </ref>. | ||
Revision as of 20:07, 17 February 2023
Developed by Sophia Lykke Andersen
Contents |
Abstract
In project management, keeping track of critical project activities is key to manage the schedule. This article attempts to clarify the difference between two well-established phenomena in project scheduling, which are often confused: critical path and critical chain. When activities have to finish before other can start, start before other can finish, or other relationships, paths of activity relationships form. The longest path of activities related to one another from start to finish of a project will be the most critical, as delays on this path will cause the whole project to be delayed. From this phenomenon rises the definition of the critical path. In real life, this will only be 100% true considering all resources available at all times, people, material, space, etc. As soon as resources are limited, other activities than those shown on the critical path can also become critical. Allocating resources, considering additional constraints, and viewing the project schedule from a holistic point of view allows the manager to see chains of criticalities within the project. The critical chain will be the longest path of activities considering activity independence and resource constraints. The article will take the reader through the methods of the two phenomena, provide an example in order to get a more hands-on understanding; and go through the limitations of each method. Furthermore, the history behind the methods will be briefly reviewed. A discussion of the principle differences between the two phenomena will be made and provide the reader with a better understanding of when what applies and where to practice which method as a project manager. The article contains the following topics: • Glossary • History • Critical path (Method, Example) • Critical chain (Method, Example) • Discussion (Differences, Limitations)
Glossary
Core difference
A critical path identifies the longest path of activities to be finished in order to end the project
[3].
A critical chain identifies the longest path of activities to be finished in order to end the project also considering resource constraints
[4].
History
Critical path
- Method - Example
Critical chain
- Method - Example
Programs
Discussion
- Differences - Limitations - Where to use what
References
- ↑ https://www.proofhub.com/articles/critical-chain-management
- ↑ https://edward-designer.com/web/critical-path-method-vs-critical-chain-method-for-pmp-exam/
- ↑ https://www.projectmanager.com/guides/critical-path-method
- ↑ https://www.geniuserp.com/blog/what-you-need-to-know-about-critical-chain-project-management