Critical Path Analysis Flashcards
1
Q
what is critical path analysis?
A
A planning method that allows a project to be completed in the shortest time.
2
Q
What does EST mean?
A
Earliest start time
3
Q
What does LFT mean?
A
latest finishing time
4
Q
What are the uses of CPA?
A
- estimate and minimise project time.
- support project costs and evaulation.
- plan and organise resources.
- prioritise tasks.
- efficiency.
- aid decision making.
5
Q
What are the limitations of CPA?
A
- based on estimates.
- time consuming.
- project may not require a diagram
6
Q
What is the calculation for float?
A
LFT - duration - EFT.
