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Around 1957 the Critical Path method was developed to assist in the building and maintenance of chemical plants and in defense planning.
Critical Path Analysis is a type of network used in operational research. ...
Critical path analysis is used to organize and plan projects so they are completed on time and within budget.
The use of CPA is normally thought to help:
in the process of planning
allow managers to see crucial times and activities
allow managers to direct their own time to tracking the crucial parts of the process
allow managers to see where tasks can be performed togther and so save time
allow managers to release working capital from within the path by knowing when certain things will happen or dont need to happen
There are a numerous amount of steps when organising a critical path network.
Approximate Word count = 471
Approximate Pages = 1.9
(250 words per page double spaced)
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