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Showing posts with the label Critical Path Method (CPM)!

Critical Path Method (CPM): What's It's, Why It's Important, What's the Use, How to Make CPM Chart and Much More? Tips to Discover, Apply and Succeed in Project Planning!!

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Abstract The critical path method (CPM) is a project management technique that's  used by project managers to create an accurate project schedule . The CPM method, also known as critical path analysis (CPA), consists in using the CPM formula and a network diagram to visually represent the task sequences of a project. Keywords Critical Path Method (CPM), Project Schedule, Network Diagram, Crashing, Project Management  Learning Outcomes  After undergoing this article you will be able to understand the following  1. What's Critical Path and Critical Path Method (CPM)? 2. Why CPM is vital for Success in project management? 3. What's the components of CPM? 4. What's the process of construction of CPM Chart? 5. How crashing of time is done in CPM Chart? 6. What's the advantages of CPM in project management? 7. What's the disadvantages of CPM in project management? 8. Strategies for implementing CPM Chart 9. Conclusions 10. FAQs 11. References 1. What's