Network analysis

Question 1

what is a critical path analysis an example of ?

Answer 1

simultaneous engineering

Question 2

define critical path analysis

Answer 2

a diagram that shows how a project consisting of many stages can be completed in the shortest possible time.

Question 3

what is total float?

Answer 3

the amount of spare time available on each activity

Question 3

what is the critical path

Answer 3

all the critical activities

Question 4

how are critical activities recognised?

Answer 4

their nodes show ESTs and LFTs are equal

Question 5

how do you manage critical activities?

Answer 5

managed carefully by managers

Question 6

pros of critical path

Answer 6

effects of delays can be tracked easily and action taken to get strategy back on track
can see whether deadlines are met
ensures project runs smooth

Question 7

cons of critical path

Answer 7

difficult to draw
it doesnt show if the right strategy was chosen in the first plkace
duration times may not be accurate
- quality