29-10-2010, 02:37 PM
[attachment=7010]
C[attachment=7010]PM - Critical Path Method
Definition:
In CPM activities are shown as a network of precedence relationships using activity-on-node network construction
Single estimate of activity time
Deterministic activity times
USED IN : Production management - for the jobs of repetitive in nature where the activity time estimates can be predicted with considerable certainty due to the existence of past experience.