Critical Path Method (CPM)
What is Critical Path Method (CPM)
The Critical Path Method (CPM) is a project management technique that is used to plan, schedule, and control the completion of a project. It involves identifying the tasks that need to be completed as part of the project and the dependencies between those tasks, and then determining the longest path of tasks (the critical path) that must be completed in order to finish the project on time.
To use the CPM, a project manager will first create a list of all the tasks that need to be completed as part of the project, along with estimates of the time and resources required for each task. The project manager will then identify the dependencies between the tasks, meaning which tasks must be completed before other tasks can begin. Using this information, the project manager can create a project network diagram that shows the relationships between the tasks and the critical path.
The CPM allows project managers to identify the tasks that are most critical to the success of the project and to monitor the progress of the project against the schedule. It can also help project managers to identify potential risks or bottlenecks in the project and to take corrective action as needed.
The CPM is a widely used project management tool and is particularly useful for projects with a high degree of complexity or interdependencies between tasks. It is often used in conjunction with other project management tools and techniques, such as Gantt charts, to provide a more comprehensive view of the project.