After reading this article you will learn about:- 1. Meaning of Critical Path Method (C.P.M.) 2. Language of Critical Path Method 3. Advantages. Meaning of Critical Path Method (C.P.M.): The use of this management technique of modern network systems has become very essential in the developing countries like India. This was developed in 1957 and is suitable for the construction [...]
After reading this article you will learn about network construction and development. Network Construction: Activity: A project consists of several activities or operations, and the project is said to be completed when all such activities are completed. Activity is the actual performance of a task. This consumes resources i.e., time, manpower, space, material, money etc. Event: It is a start [...]
Time aspect is the main and significant aspect in a network. Its primary object is to complete the project at an earliest to get quicker realisation of benefits of the project. Activities on critical path and sub-critical path needs special attention either to complete the project as per schedule or to reduce the completion time. To reduce the scheduled time, [...]