June 2006
Beginner
793 pages
20h 59m
English
Content preview from Quantitative Techniques: Theory and Problems
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WORKING METHODOLOGY OF CRITICAL PATH ANALYSIS
The working methodology of Critical Path Analysis (CPA) which includes both CPM and PERT, consists of following five steps:
- Analyse and breakdown the project in terms of specific activities and/or events.
- Determine the interdependence and sequence of specific activities and prepare a network.
- Assign estimate of time, cost or both to all the activities of the network.
- Identify the longest or critical path through the network.
- Monitor, evaluate and control the progress of the project by replanning, rescheduling and reassignment of resources.
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