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Projects are made up of tasks that have to adhere to a schedule in order to meet a timeline. Why Is CPM Important in Project Management? The origins of the critical path method are closely related with the Program Evaluation and Review Technique (PERT), a similar method which is commonly used in conjunction with CPM. The critical path method was developed in the late 1950s by Morgan R. Once these task sequences or paths are defined, their duration is calculated to identify the critical path, which determines the total duration of the project. The CPM method, also known as critical path analysis (CPA), consists in using a network diagram to visually represent the sequences of tasks needed to complete a project. The critical path method (CPM) is a technique that’s used by project managers to create a project schedule and estimate the total duration of a project. Now that we know what’s the critical path of a project, we can learn about the critical path method (CPM), an important project management technique that’s based on this concept. ProjectManager can calculate the critical path for you on our award-winning Gantt charts- learn more.
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Once done by hand, nowadays the critical path can be calculated automatically with project scheduling software equipped with Gantt charts, which makes the whole CPM method much easier. To find the critical path, project managers use the critical path method (CPM) algorithm to define the least amount of time necessary to complete each task with the least amount of slack.