Understanding Critical Path in Project Management (Example Included)
Summary
What we understand as critical path was first developed in the late 1950s by Morgan R. Walker of DuPont and James E. Kelley of Remington Rand. Since that time, the critical path method has been used in a variety of projects, from construction, aerospace and defense to software and product development, engineering, plant maintenance and more. The critical path is the longest distance between the start and the finish of your project, including all the tasks and their duration, which gives you a clear picture of the project’s actual schedule. Float, also known as slack, is a term that describes how long you can delay a task before it impacts the planned schedule and threatens the project’s deadline. In this case, that would include: designing the birdhouse, choosing where it will be place when done, buying the wood, glue, nails and whatever equipment is necessary, such as a hammer.