12 Critical Path Analysis

Question 1

Define CPA

Answer 1

Critical path analysis identifies the most efficient sequence of activities that need to be completed within a strict time frame.

Question 2

Define float time

Answer 2

exists where there is a difference between the Earliest Start Time (EST and the Latest Finish Time (LFT)

Question 3

Define critical path

Answer 3

highlights those activities that determine the length of the whole project.

Question 4

Define total float

Answer 4

refers specifically to spare time that is available so that the overall project completion is not delayed.

Question 5

Formula for total float

Answer 5

LFT for activity - Duration of the activity - EST for activity

Question 6

Define EST

Answer 6

earliest start time, how soon a task begins.

Question 7

Define LFT

Answer 7

latest finishing time, how soon a task can finish.

Question 8

Define network diagram

Answer 8

a chart showing the order of the tasks involved in completing a project, containing information about the times taken to complete the tasks.

Question 9

Define node

Answer 9

circle that represents a point in time where an activity is started or finished