3.3.4 Critical Path Analysis Flashcards
1
Q
What is critical path analysis?
A
This is when you use a network of diagrams to manage to various tasks required to complete a project.
2
Q
What is the information needed to do a critical analysis
A
- identification of all tasks necessary to implement the strategy
- length of time each tasks take to complete
- order tasks should be completed in
- activities that can be complemented at the same time
3
Q
What is a node
A
The circle for each step
4
Q
What do lines represent within a critical path analysis?
A
A straight line represents the activity and the number above the line represents the duration.
5
Q
What is EST and LST
A
East lie at start time
Latest start time
6
Q
Why is critical path analysis so important?
A
Efficiency- shows each task and rightful place and helped prevent delays
Ensures deadlines are met
Helps minimise time spent of a task.
7
Q
What are some drawbacks if critical path analysis
A
- doesn’t take qualitative data into account
- relies on estimations
- Doesn’t take into account unexpected events
