26-05-2012, 03:23 PM
ANALYSIS OF NETWORK
ANALYSIS OF NETWORK.ppt (Size: 484 KB / Downloads: 29)
CPM ( CRITICAL PATH METHOD
Minimum time required for the completion of project
Critical path
The longest path (s) through the network, from beginning to the completion of the project
EVENT TIMES
The EARLIEST EVENT TIME (TE) for an event is the estimated earliest time at which the event will occur if the preceding activities are started as early as possible
The LATEST EVENT TIME (TL) for an event is the estimated latest time at which the event can occur without delaying the completion of the project beyond its earliest time
FLOAT
Time cushion available in performance of an activity
Denotes range within which an activity start or finish time may fluctuate without affecting project completion
Represents flexibility of an activity. Its consumption results in loss of flexibility.