Here are some detailed reasons why the method is worth your attention: Why do project managers utilize the critical path method (CPM)? It provides valuable insight into project planning, task scheduling, and resource allocation.
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Nowadays, the approach is adapted to different fields, including software development. The usage of the critical path became much more widespread after the PC revolution. Instead of saturating the problem with additional labor, they understood that excess costs could be avoided.īy the way, around the same time, a similar technique - PERT (Program Evaluation and Review Technique) was developed too.Īlthough the interest in the CPM had diminished by the early 1960s, some businesses began to apply it to oversee large projects (including Catalytic Construction and Mauchly Associates). Kelley and Walker tried to find ways to reduce the costs associated with plant shutdowns and restarts caused by inefficient scheduling. The method was used for agricultural projects and construction work.
The concept of the CPM as a part of project management was developed in the late 1950s in the United States by James E. CPM helps managers be more precise as it allows them to identify which tasks cannot be delayed.īy the way, beginners should remember that CPM is a necessary part of project management certification. It involves forecasting and setting a deadline for project completion. It identifies critical and noncritical tasks and prevents timeframe problems.Įvery project starts with a plan. The critical path method (CPM) is a step-by-step management technique for project processes planning. What is the critical path method in project management?
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