Critical path analysis
Critical path analysis
Glossary of business
Definition of critical path analysis
Critical path analysis is a technique used by firms to identify the most efficient method of carrying out production or a part of production. The process involves identifying all the operations required, how long they will take and which operations are dependent on each other. From this the firm can produce a network diagram showing the earliest start time and the latest finishing time of each operation. From this diagram they can identify the critical path - the most efficient method of production and the optimum order of the operations.
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Terminology about business
Job world
Definition and meaning of critical path analysis
Meaning of critical path analysis
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