Critical Path Method Spreadsheet in Excel Free Download
What is Critical Path Method?
The Project Management Body of Knowledge (PMBOK), an internationally recognized collection of processes and knowledge areas accepted as best practice for the project management profession, defines the critical path as “the sequence of scheduled activities that determines the duration of the project.”
It is the longest sequence of tasks in a project plan that must be completed on time in order for the project to meet its deadline. If there is a delay in any task on the critical path, then your whole project will be delayed. Although many projects have only one critical path, some projects may have multiple critical paths.
The critical path method (CPM) is a step-by-step project management technique for process planning that defines critical and non-critical tasks with the goal of preventing time-frame problems and process bottlenecks. The CPM is ideally suited to projects consisting of numerous activities that interact in a complex manner.
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