The critical path method (CPM) or critical path analysis (CPA) is a project management technique used to plan, schedule, and execute complex projects. It involves identifying the essential tasks and their dependencies and calculating their durations to determine the most extended sequence of tasks (the critical path).
What is the critical path in project management?
The critical path in project management is the sequence of stages determining the minimum time needed for project completion. Any delay in this path directly extends the project’s finish date, making it vital to monitor and manage.
By identifying the critical path, project managers can focus on essential tasks and allocate resources accordingly. This helps to ensure that the project stays on schedule and within budget.
CPM is a valuable tool for project managers working on complex projects with multiple interdependent activities. It is handy for projects where timing is critical and delays in specific tasks could postpone the entire project.