The Critical Path Method (CPM) in Project Management

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I N - W O R K

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 goals. [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

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