The Critical Path Method (CPM) in Project Management: Difference between revisions

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in work
in work


According to [[Project Management Institute|PMI]], project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. <ref>Project Management Institute. (2008). A Guide to the Project Management Body of Knowledge. 4th Edition. pp. 6. USA.</ref> The Critical Path Method (CPM) is a mathematically based algorithm for scheduling a set of project activities.   
According to [[Project Management Institute|PMI]], project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. <ref>Project Management Institute. (2008). A Guide to the Project Management Body of Knowledge. 4th Edition. pp. 6. USA.</ref> The <b>Critical Path Method (CPM) </b> is a mathematically-network based algorithm for scheduling a set of project activities.   


== Overview ==
== Overview ==

Revision as of 10:19, 8 September 2016

in work

According to PMI, project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. [1] The Critical Path Method (CPM) is a mathematically-network based algorithm for scheduling a set of project activities.

Overview

Introduction

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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

  1. Project Management Institute. (2008). A Guide to the Project Management Body of Knowledge. 4th Edition. pp. 6. USA.