Advantages of Critical Path Analysis - Benefits


 
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Advantages of Critical Path Analysis - Benefits
Syed Arifulla MBA, PMP, Prince2, Project Manager, United Kingdom, SIG Leader
The main benefits of Critical Path Analysis are in my opinion:
  1. Reduce lost time between tasks, ensuring a smooth running of projects.
  2. By identifying projects that can be carried out simultaneously it should reduce the overall time of the project.
  3. The resources needed for each activity should be ordered for no earlier than the EST for that task. This should reduce the cash outflows and ensure the working capital tied up in the project is minimized. This will also assist JIT production if used.
  4. If the project is delayed, the network is a good starting point for working out the implications.
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Special Interest Group Leader
Syed Arifulla MBA, PMP, Prince2
Project Manager

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