The Critical Path Method (CPM)

From apppm
(Difference between revisions)
Jump to: navigation, search
Line 1: Line 1:
 
[[Category:Project Management]][[Category:Method artikel]][[Category:Management]][[Category:Critical Chain Theory]]
 
[[Category:Project Management]][[Category:Method artikel]][[Category:Management]][[Category:Critical Chain Theory]]
 
This article will introduce the Critical Path Method (CPM). CPM is a step-by-step project management method for process planning. By focusing on tasks duration CPM identifies the minimum length of time needed to complete a project and help define the most efficient way to schedule the project. CPM was developed in 1956 by the U.S. Navy to the air and defense industry.<ref name="Woodhead"/> The critical path identified by the CPM is often used as a precursor to [https://en.wikipedia.org/wiki/Gantt_chart Gantt Charts]. The critical path can if needed be used to identify which task to accelerate to complete the project within the available time. Furthermore CMP allows you to identify slack time (free resources) and it helps you to be secure that the project follows the time schedule.
 
This article will introduce the Critical Path Method (CPM). CPM is a step-by-step project management method for process planning. By focusing on tasks duration CPM identifies the minimum length of time needed to complete a project and help define the most efficient way to schedule the project. CPM was developed in 1956 by the U.S. Navy to the air and defense industry.<ref name="Woodhead"/> The critical path identified by the CPM is often used as a precursor to [https://en.wikipedia.org/wiki/Gantt_chart Gantt Charts]. The critical path can if needed be used to identify which task to accelerate to complete the project within the available time. Furthermore CMP allows you to identify slack time (free resources) and it helps you to be secure that the project follows the time schedule.
To identify the critical path through the project you can either use CPM or [[PERT]] (Program, Evaluation, Review and Technique). CPM is used then the task time estimate is quite accurate whereas PERT is used in uncertain situations thus applying three time estimates to create the expected time. CPM is therefore the most simplified method (Zelbst, 2011). CPM utilizes tasks duration as the parameter for optimization the schedule and resource planning. This is in opposition to [[Critical Chain Theory]] using resources as the measured component (Verma, 2009).<ref name="Verma"/>  
+
To identify the critical path through the project you can either use CPM or [[PERT]] (Program, Evaluation, Review and Technique). CPM is used then the task time estimate is quite accurate whereas PERT is used in uncertain situations thus applying three time estimates to create the expected time. CPM is therefore the most simplified method (Zelbst, 2011). CPM utilizes tasks duration as the parameter for optimization the schedule and resource planning. This is in opposition to [[Critical Chain Theory]] using resources as the measured component (Verma, 2009).<ref name="Ver09"/>  
  
 
==Introduction to CPM==  
 
==Introduction to CPM==  

Revision as of 15:53, 13 September 2015

This article will introduce the Critical Path Method (CPM). CPM is a step-by-step project management method for process planning. By focusing on tasks duration CPM identifies the minimum length of time needed to complete a project and help define the most efficient way to schedule the project. CPM was developed in 1956 by the U.S. Navy to the air and defense industry.[1] The critical path identified by the CPM is often used as a precursor to Gantt Charts. The critical path can if needed be used to identify which task to accelerate to complete the project within the available time. Furthermore CMP allows you to identify slack time (free resources) and it helps you to be secure that the project follows the time schedule. To identify the critical path through the project you can either use CPM or PERT (Program, Evaluation, Review and Technique). CPM is used then the task time estimate is quite accurate whereas PERT is used in uncertain situations thus applying three time estimates to create the expected time. CPM is therefore the most simplified method (Zelbst, 2011). CPM utilizes tasks duration as the parameter for optimization the schedule and resource planning. This is in opposition to Critical Chain Theory using resources as the measured component (Verma, 2009).[2]

Contents

Introduction to CPM

Guidance on method

Application

Discussion on limitations

Conclusion

Additional reading

For more information on the Cynefin Framework, you might find the following sources useful

Videos

  • CPM and PERT
Cynefin framework explained by Dr. Pamela Zelbst
Cite error: Closing </ref> missing for <ref> tag


Books

  • Book: Woodhead, James M. Antill & Ronald W. Critical Path Methods in Construction Practice. John Wiley & Sons, Inc., 1990. [1]


Links


Bibliography

  1. 1.0 1.1 Woodhead, James M. Antill & Ronald W."Critical Path Methods in Construction Practice" John Wiley & Sons, Inc. (1990): 90.
  2. 2.0 2.1 simplilearn.com, 2009
Personal tools
Namespaces

Variants
Actions
Navigation
Toolbox