Most Projects Have One Path Through a Network Diagram
Larry Bennett a civil engineer project manager and author of four books including a guide on critical path written in 1978 and titled Critical Path Precedence Networks explains that the critical path method helps manage projects in two different ways. To find the critical path first we will draw the network diagram.
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The variance in the project completion time can be calculated by summing the variances in the completion times of the activities in the critical path.
. Then we will define each possible path in this network diagram from the start of the project until the end and then we will define the longest path in this network diagram which will give us the critical path. A graphic representation called a Project Network or CPM Diagram is used to portray. Being able to identify and prioritize key tasks in a project whilst handling the clients demands and managing a team can be quite a rollercoaster.
Whilst there are a number of tricks and methods to effectively manage projects one of the most important ones is the Critical Path Method. Consistently managing successful projects is a real skill. Here is a simple 4-step process to calculate the critical path.
Although many projects have only one critical path some projects may have multiple critical paths. The critical path then is the path through the network in which none of the activities have slack. Given this variance one can calculate the.
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