Critical Path Analysis - CPA
The intent of critical path analysis is to maximize success while minimizing the time needed to complete the project. It focuses on time management and the ongoing evaluation of a project's progress, and to help management with decision making. The process involves identifying the major activities that will be undertaken during the project, sequencing the major activities, constructing an activity flow design or chart, estimating the time for each activity, estimating the time to complete all of the activities and determining the critical path. This can be done, for example, by constructing a Gantt Chart.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
critical path analysis — ➔ analysis … Financial and business terms
critical path analysis — noun The working out with the aid of a computer the sequence of operations that must be followed in order to complete a complex piece of work in the minimum time • • • Main Entry: ↑critic … Useful english dictionary
Critical Path Analysis — A project management technique that lays out all the activities needed to complete a task, the time it will take to complete each activity and the relationships between the activities. Also called the critical path method , critical path analysis … Investment dictionary
critical path analysis — kritinio kelio analizė statusas T sritis automatika atitikmenys: angl. critical path analysis vok. Analyse des kritischen Pfades, f rus. анализ критического пути, m pranc. analyse du chemin critique, f … Automatikos terminų žodynas
critical path analysis — /ˌkrɪtɪk(ə)l pɑ:θ əˌnæləsɪs/ noun 1. analysis of the way a project is organised in terms of the minimum time it will take to complete, calculating which parts can be delayed without holding up the rest of the project 2. same as critical path… … Marketing dictionary in english
critical path analysis — ▪ management technique for controlling and coordinating the various activities necessary in completing a major project. It utilizes a chart that consists essentially of a series of circles, each of which represents a particular part of a… … Universalium
critical path analysis — noun plural critical path analyses (C) technnical a method of planning a large piece of work so that there will be few delays and the cost will be as low as possible … Longman dictionary of contemporary English
critical-path analysis — Management analysis of the most important sequence of an operation … American business jargon
critical path analysis — изучение воздействия отложения осуществления определенного действия на другие действия или на процесс в целом … Glossary of international commercial arbitration
critical-path analysis — /ˌkrɪtɪkəl paθ əˈnæləsəs/ (say .kritikuhl pahth uh naluhsuhs) noun a mathematical method which yields the minimum solution to a problem, given a set of constraints, as logistics of supply, organisation of a factory, production line, etc … Australian English dictionary
critical-path method — critical path analysis … Accounting dictionary