Lecture 6
Lecture 6
In project management, the critical path is the longest sequence of tasks that must be completed to
complete a project. The tasks on the critical path are called critical activities because if they’re delayed,
the whole project completion will be delayed.
Earliest start time (ES): This is simply the earliest time that a task can be started in your project. You
cannot determine this without first knowing if there are any task dependencies
Latest start time (LS): This is the very last minute in which you can start a task before it threatens to
delay your project schedule
Earliest finish time (EF): The earliest an activity can be completed, based on its duration and its earliest
start time
Latest finish time (LF): The latest an activity can be completed, based on its duration and its latest start
time
Float: Also known as slack, float is a term that describes how long you can delay a task before it
impacts its task sequence and the project schedule. The tasks on the critical path have zero float,
because they can’t be delayed
Let’s take a look at some critical path examples to better understand these critical path analysis
elements.
Project Management Lecture -6
2-
Find the :1-Project duration 2-Critical path
Duration
Activity Precedents
in week
A 6 –
B 4 –
C 3 A
D 4 B
E 3 B
F 10 –
G 3 E, F
H 2 C, D
The PERT chart template uses nodes -- drawn as rectangles or circles -- to represent events and
milestones throughout the project. The nodes are connected by vectors -- drawn as lines --
which represent the various tasks that need to be completed.
PERT stands for Program Evaluation Review Technique, a methodology developed by the U.S.
Navy in the 1950s to manage the Polaris submarine missile program. A similar methodology,
the critical path method (CPM) was developed for project management in the private sector at
about the same time.
determine the project's critical path in order to guarantee all deadlines are met;
display the various interdependencies of tasks;
estimate the amount of time needed to complete the project; and prepare for more
complex and larger projects.
Project managers find best results when they use a PERT chart at the beginning of the
project.
Doing so helps ensure the project is accurately scoped and can help avoid any potential
bottlenecks in the process.
Nodes are visual representations of milestones or events within the project. They are
drawn as either numbered boxes or numbered circles.
Arrows are visual representations of the tasks that occur throughout the project. The
direction of the arrow indicates the sequence of the task. Diverging arrows show that
various tasks can be completed at the same time.
Fast tracking is when tasks and activities are performed simultaneously.
A PERT event is the point at which one or more tasks are started or completed.
A predecessor event occurs immediately before some events. A successor event
naturally occurs after events.
Slack is the amount of time a single task can be delayed without harming other tasks or
the project as a whole.
The critical path is the longest -- or most time-consuming -- path from the start to the
completion of an event or task.
Critical path activity refers to a task that does not experience slack.
Project Management Lecture -6
And Standard Deviation SD = (Tp – To) / 6 while Variance is the square of the SD
Z= Ts – T/ Scp
The value of Z is searched for in the moderate distribution table to extract the
probability of project completion. When the probability value is less than 25%, there is a
great risk that the project will not end on time. 50% is an acceptable probability and
indicates the possibility of implementing the project. More than 50% means that there is
waste in the use of resources in the project.
Project Management Lecture -6