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NAME : JUNAID AHMED
CLASS NO: 38
DATE: 20/09/2020
SEMESTER: 06
PRESENTATION TOPIC: CPM ( CRITICAL PATH METHOD )
CRITICAL PATH METOD
• Critical path In project management, a critical path is the sequence of dependent
tasks that form the longest duration, allowing you to determine the most efficient
timeline possible to complete a project.
• Critical path method is a algorithm to find the project evaluation time.
• Critical path method is based on mathematical calculations and it is used for
scheduling project activities.
CONT…
• This method was first introduced in 1950s as a joint venture between Remington
Rand Corporation and DuPont Corporation.
• The initial critical path method was used for managing plant maintenance
projects.
• The critical path method is defined in the Project Management Body of Knowlede
(PMBOK) as follows:
• The Critical Path Method is the sequence of scheduled activities that determines
the duration of the project.
STEP TO BE FOLLOWED IN CPM
• 1) Draw network.
• 2) Calculate time scheduled for each activity.
• EST (Earliest Start Time)
• LFT(Latest Finish Time)
• 3) Calculate EFT and LST ( Earliest Finish Time and Latest Start Time )
• EFT=EST + Time
• LST=LFT - Time
CONT…
• Early Start – The earliest time that an activity can start according to the logical
constraints.
Early Finish – The earliest time that an activity can finish according to logical
constraints.
Late Start – The latest time that an activity can start according to logical constraints
and without affecting the overall project duration.
• Late Finish – The latest time that an activity can finish according to logical constraints
and without affecting the overall project duration.
CONT…
• 4) Calculate Float.
• Total Float=LST – EST or LFT – EFT
• 5) Identify critical activities and find critical path.
EXAMPLE OF CPM
STEP 1
STEP 2
CONT…
CONT…
CONT…
STEP 3
STEP 4
STEP 5
ADVANTAGES
• The CPM makes it easier for the project managers to build a team and create
human network for efficient handling of a multi-tasked project.
• The Critical Path Method binds the entire team together and motivates the
human resources in timely completion of the tasks in a project
DISADVANTAGES
• CPM can become ineffective and difficult to manage if it is not well-defined and
stable.
• In a big project, a CPM can become extremely complicated and difficult to fathom
for the new recruits to the project team.

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CPM By Junaid.pptx

  • 1. NAME : JUNAID AHMED CLASS NO: 38 DATE: 20/09/2020 SEMESTER: 06 PRESENTATION TOPIC: CPM ( CRITICAL PATH METHOD )
  • 2. CRITICAL PATH METOD • Critical path In project management, a critical path is the sequence of dependent tasks that form the longest duration, allowing you to determine the most efficient timeline possible to complete a project. • Critical path method is a algorithm to find the project evaluation time. • Critical path method is based on mathematical calculations and it is used for scheduling project activities.
  • 3. CONT… • This method was first introduced in 1950s as a joint venture between Remington Rand Corporation and DuPont Corporation. • The initial critical path method was used for managing plant maintenance projects. • The critical path method is defined in the Project Management Body of Knowlede (PMBOK) as follows: • The Critical Path Method is the sequence of scheduled activities that determines the duration of the project.
  • 4. STEP TO BE FOLLOWED IN CPM • 1) Draw network. • 2) Calculate time scheduled for each activity. • EST (Earliest Start Time) • LFT(Latest Finish Time) • 3) Calculate EFT and LST ( Earliest Finish Time and Latest Start Time ) • EFT=EST + Time • LST=LFT - Time
  • 5. CONT… • Early Start – The earliest time that an activity can start according to the logical constraints. Early Finish – The earliest time that an activity can finish according to logical constraints. Late Start – The latest time that an activity can start according to logical constraints and without affecting the overall project duration. • Late Finish – The latest time that an activity can finish according to logical constraints and without affecting the overall project duration.
  • 6. CONT… • 4) Calculate Float. • Total Float=LST – EST or LFT – EFT • 5) Identify critical activities and find critical path.
  • 16. ADVANTAGES • The CPM makes it easier for the project managers to build a team and create human network for efficient handling of a multi-tasked project. • The Critical Path Method binds the entire team together and motivates the human resources in timely completion of the tasks in a project
  • 17. DISADVANTAGES • CPM can become ineffective and difficult to manage if it is not well-defined and stable. • In a big project, a CPM can become extremely complicated and difficult to fathom for the new recruits to the project team.