What is the Critical Path Method & Why it Play an Important in Project Management?
Project management is not an easy task for project managers; a successful project deliverable requires proper planning and effort. Project managers require making full proof plans, needing to organize the task, monitor the tasks, filter the risk, and lots more. Handling a project is such an uphill task. Project management is all about the changes, change in cost, change in start and end date, change in deliverables and a lot more. Keeping the project on the timeline is a challenging task and thus to handle Project efficiently, many organizations use an old tried and tested tool i.e. Critical Path Method for Planning & monitoring the overall project. The critical path Method uses a critical path as the sole determinant of a given project’s time performance and outcome. What is the Critical Path Method? Critical Path Method can be defined as a planning & scheduling method to figure out the total amount of time with the help of network analysis. In other words, CPM is a set