Determination Of Duration

Linking Pin Model Business

On most projects, there are two types of critical paths. The first, and most generally recognized form, is a logical sequence of activities which, when the durations are added up, will give the longest time or path on the project. The critical path method (CPM) was developed to provide analysis of logical sequences of work so as to determine the longest chain or critical path of a schedule. A CPM schedule is usually referred to as a network. The second type of critical path is the dependency of...

Fudging The Detailed Estimate

Line Architecture Art

Many companies have a policy that requires a detailed 10 estimate before the project appropriation will be approved. These same organizations, typically manufacturing companies, also require that the project be started yesterday. Manufacturing and plant management are able to insist on these conflicting objectives. These two objectives are incompatible. In most cases, the practical resolution of this management inconsistency is for the estimate to be fudged. This is to say, the estimate shows a...