Merits of Critical Path Analysis for Strategy
Syed Arifulla MBA, PMP, Prince2, Project Manager, United Kingdom
Critical Path Analysis (CPA) plays a very important role in the planning and implementation of a strategy. Its helps with planning the implementation of the strategy and is a mechanism to help manage and control improvements and/or the targets of performance objectives, the alignment of capabilities (changes in layout, machinery etc.) and the resources required underpinning the implementation exercise.
The main outcome from CPA and its main value to implementing an strategy is that it identifies those tasks which cannot be delayed or take longer than their estimate without impacting the overall project, this being from a time perspective. Such tasks form the basis of the critical path and are the tasks crucial to the success of the implementation exercise.