critical path analysis11

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Critical Path Analysis Presented by Mushahid Khatri Jaysinh Shukla Nimish Doshi

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Page 1: Critical path analysis11

Critical Path Analysis Presented by

Mushahid KhatriJaysinh Shukla

Nimish Doshi

Page 2: Critical path analysis11

“A project is a series of activities directed to accomplishment of a desired objective.”

Project

Plan your work first…..then work your plan

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Each event has two important times associated with it :

Earliest time , Te , which is a calendar time when a event can occur when all the predecessor events completed at the earliest possible times

Latest time , TL , which is the latest time the event can occur without delaying the subsequent events and completion of project.

Difference between the latest time and the earliest time of an event is the slack time for that event

Activity Slack

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Float

Negative Zero Positive

Floats

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Node

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Activity

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Starting Event Completion Event

Activity

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A

Activity A

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A

Activity B must follow A

B

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M.R(Mind Refreshment)

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BLUE

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RED

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WHITE

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BLACK

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YELLOW

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ORANGE

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BLUE

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RED

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WHITE

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BLACK

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YELLOW

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ORANGE

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BLUE

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RED

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WHITE

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BLACK

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YELLOW

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ORANGE

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Activity

Description Predecessors

Duration (days)

A Organize sales office - 6B Hire salesmen A 4C Train salesmen B 7D Select advertising agency A 2E Plan advertising campaign D 4F Conduct advertising

campaignE 10

G Design package - 2H Setup packaging facilities G 10I Package initial stocks J,H 6J Order stock from

manufacturer- 13

K Select distributors A 9L Sell to distributors C,K 3M Ship stocks to distributors I,L 5

Example

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1

4

3

2

7

8

10

5

6 9

A(6)

E(4)D(2)

F(10)

I(6)

M(5)

H(10)J(13)

G(2)

K(9)

B(4)

C(7)

L(3)

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1

4

3

2

7

8

10

5

6 9

A(6)

E(4)D(2)

F(10)

I(6)

M(5)

H(10)J(13)

G(2)

K(9)

B(4)

C(7)

L(3)

E4=13L4=14

E1=0L1=0

E9=20L9=20

E3=2L3=4

E2=6L2=6

E5=10L5=10

E6=17L6=17

E7=8L7=11

E8=12L8=15

E10=25L10=25

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1

4

3

2

7

8

10

5

6 9

A(6)

E(4)D(2)

F(10)

I(6)

M(5)

H(10)J(13)

G(2)

K(9)

B(4)

C(7)

L(3)

E4=13L4=14

E1=0L1=0

E9=20L9=20

E3=2L3=4

E2=6L2=6

E5=10L5=10

E6=17L6=17

E7=8L7=11

E8=12L8=15

E10=25L10=25

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Useful at many stages of project management

Mathematically simple

Give critical path and slack time

Provide project documentation

Useful in monitoring costs

Benefits of CPM

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Completion date?

On Schedule?

Within Budget?

Critical Activities?

How can the project be finished early at the least cost?

Questions Answered by CPM

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Thank You for attending short and sweet presentation……