The critical path method (CPM) is a project management technique used to schedule tasks and identify the critical path of tasks that must be completed on time to meet deadlines. The critical path is the longest sequence of tasks in a project, where a delay in any critical path task will delay the entire project. CPM involves specifying tasks, determining dependencies, drawing a network diagram, estimating task times, and identifying the critical path to determine the shortest possible project duration. It helps project managers identify important tasks, reduce project timelines, and compare planned vs actual progress.