Question
Download Solution PDFActivities falling on the critical path have
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation:
Critical Path
- Critical path activities are the project tasks that must start and finish on time according to schedule.
- A delay in any critical path activity will delay the completion of the scheduled project.
Float or Slack in critical activity
- Slack or float refers to the amount of time that various related tasks can be delayed without pushing the schedule.
- Float is a measure of schedule flexibility.
- The critical path, by definition, has no slack. But other tasks not on the critical path may have a built-in float.
- If the Start date and Finish date for an activity are the same as the schedule, the activity is said to have zero floats.
- Activities that have zero floats must start on time to prevent the schedule from slipping.
- Critical activities can also have a negative float.
- Negative float occurs when an activity finishes before the scheduled date.
Additional Information
Critical Path Method (CPM):
It is commonly used for those projects which are repetitive in nature and where one has prior experience of handling similar projects. Its is a deterministic model and places emphasis on time and cost for activities of a project.
- A project can be defined as a set of large numbers of activities or jobs that are performed in a certain sequence determined.
- A network is a graphical representation of a project, depicting the float as well as the sequence of well-defined activities and events.
- An activity is any portion of a project which consumes time or resources and has a definable beginning and end.
- Event is the beginning and ending point of activity or group of activities.
B-D-E-H is the critical path in the diagram below.
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