This is a term used in project scheduling in relation to network analysis diagrams (a general term that includes techniques such as critical path analysis/critical path method (CPM), and Project Evaluation and Review Technique (PERT) charts). In a network analysis diagram, the critical path is defined as one with the following characteristics:
1. The earliest starting times (ESTs) and the latest starting times (LSTs) of all events along the path are equal.
2. The sum of the activity durations of all activities along the path is greater than all other parts.
3. All activities along the path have no float (amount of slack time associated with a noncritical activity).
All activities along the critical path are critical since we cannot afford to take longer than the
time allocated without affecting the project completion time.
Note:
An activity is an undertaking that consumes time. An event is a point in time that signifies the end of a series of activities or the start of a series of activities.
Wilfykil answered the question on March 1, 2019 at 07:25