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 PMI]</span>, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet project requirements. <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 <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. | + | According to the <span class="plainlinks">[https://en.wikipedia.org/wiki/Project_Management_Institute PMI]</span>, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet the project requirements. <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 <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. |
Revision as of 12:32, 8 September 2016
According to the PMI, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet the project requirements. [1] The challenging task of managing projects can be supported by operation reserach technique called the Critical Path Method (CPM). The CPM is a mathematically-network based algorithm for scheduling a set of project activities.
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.