Critical Path Method (CPM)
The Critical Path Method (CPM) is a project management technique used to determine the longest sequence of dependent tasks, known as the critical path. This path identifies the minimum time required to complete a project, helping managers prioritize tasks and allocate resources effectively. By focusing on critical tasks, project managers can avoid delays and ensure timely project completion.
CPM involves creating a project schedule that outlines all tasks, their durations, and dependencies. Tools like Gantt charts or network diagrams are often used to visualize the project timeline. Understanding the critical path allows teams to manage risks and make informed decisions throughout the project lifecycle.