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Quantitative Tools of Project Management
book

Quantitative Tools of Project Management

by Professor David L. Olson
June 2020
Intermediate to advanced
156 pages
3h 4m
English
Business Expert Press
Content preview from Quantitative Tools of Project Management

CHAPTER 2

The Critical Path Method

Key points:

  • Presentation and demonstration of the critical path method
  • Description of various types of slack
  • Description of resource leveling and smoothing
  • Presentation of conflicts arising from multiple project scheduling
  • Discussion of criticisms of the critical path method

The critical path method provides a way to easily identify the soonest a project can be completed, given that the estimated durations of activities are accurate. Even though estimated durations are usually at variance with actual outcomes, the critical path method provides a useful analysis of which activities are time bottlenecks. The input to the critical path method is a list of each activity, its expected duration, and those activities ...

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Publisher Resources

ISBN: 9781951527846