The document discusses the critical path method (CPM) for project planning. CPM involves breaking a project into individual tasks and activities, identifying their dependencies, estimating durations, and determining the critical path of longest-running activities that must finish on time for project completion. It helps managers schedule work, allocate resources, and manage risks systematically. The document also outlines benefits like reduced delays and improved organization, as well as limitations such as potential for delays and reduced flexibility. Key CPM steps include specifying activities, establishing sequences, creating network diagrams, estimating activity times, identifying critical paths, and using critical path diagrams to track project progress.

1. CRITICAL PATH METHOD
Group members:-
• Mayank Jain- 541
• Pranali Patil- 542
• Vivek Khandka - 543
• Abhishek Sable- 544
• Rohan jambhulkar - 545

2. INTRODUCTION
 The critical path method is the sequence of activities that must be
completed on time in order for the project to be finished by its
deadline
 It helps project manager to schedule activities, allocate resources and
manage risk in a systematic and efficient way
 CPM in watch breaking down a project into individual activities or
tasks, identifying the dependencies between them, estimating their
duration and determining their criticality
 The critical path is determined by calculating the longest path of
critical activities through the project network

3. Benefits
 Reduce delays
 Visualize dependencies
 Improve organization
 Optimize efficiency

4. Limitations
 May offer a lack of flexibility.
 Greater potential for delays.
 Increased complexity.
 Reduced resource allocation.
 Great potential for misusing float

5. Key Steps
 Step 1: Activity specification
 Step 2: Activity sequence establishment
 Step 3: Network diagram
 Step 4: Estimates for each activity
 Step 5: Identification of the critical path
 Step 6: Critical path diagram to show project progresses

6. Conclusion
 Critical path identification is required for any project-
planning phase. This gives the project management the
correct completion date of the overall project and the
flexibility to float activities.
 A critical path diagram should be constantly updated with
actual information when the project progresses in order
to refine the activity length/project duration predictions.

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