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In project management, a critical path is the sequence of project network activities that adds up to the longest overall duration, regardless of whether that longest duration has float or not. This determines the shortest time possible to complete the project. "Total float" (unused time) can occur within the critical path.
Critical path drag is a project management metric used to schedule analysis and compression in the critical path method of scheduling. Drag cost is the reduction in the expected return on investment for a project due to an activity's or constraint's critical path drag. It is often used to justify additional resources that cost less than the ...
The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project. PERT was originally developed by Charles E. Clark for the United States Navy in 1958; it is commonly used in conjunction with the Critical Path Method ...
These tasks depend, in turn, on other tasks. It is usually possible to draw numerous paths through the chart from beginning to end, but it is the longest path, called the critical path, that determines the time that the project will take to complete. The book refers frequently to the Apollo Project, which was planned using this method. Fuller's ...
A Guide to the Project Management Body of Knowledge — Sixth Edition provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle. [9] and for the first time it includes an "Agile Practice ...
Inputs: Organizational process assets, Project scope Statement, Activity list, Activity attributes, project Schedule Network diagrams, Activity resource requirements, Resource calendars, Activity duration estimates, project management plan, risk register; Tools: Schedule Network Analysis, Critical path method, schedule compression, what if ...