Critical Path Analysis Flashcards

(3 cards)

1
Q

What is it

A

is Setting limits on how much money can be spent on materials, labour, prototyping, testing, etc.

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2
Q

Positives

A

• Helps to identify which tasks are most important and must be done on time to avoid delays
• Clarifies the sequence of activities - useful when coordinating with teams or suppliers
• If delays happen, you can quickly see which tasks can be postponed and which can’t
• Helps plan when equipment, staff or materials will be needed

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3
Q

Negatives

A

• Requires accurate data and detailed planning at the start
• If something changes, the whole plan may need adjusting
• If time estimates are wrong, the analysis becomes unreliable
• It only helps with time planning

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