What is the Critical Path Method? | CPM | Total Float | Free Float | Network Diagram | PMP Exam

Critical Path Analysis is a systematic approach used to find the Critical Path in the Schedule Network Diagram.
Schedule Network Diagram
The graphical representation of relationship between activities is called as Schedule Network Diagram. Precedence Diagramming Method or Activity-on-Node is the most commonly used technique for drawing Network Diagram.
Critical Path
Critical Path is the path with the longest duration.
Duration of the Critical Path is the minimum time needed to complete a project.
The activities on the Critical Path have the least Total Float relative to other paths
Total Float
It is the amount of time by which the Early Start of an activity can be delayed without delaying the overall project.
Free Float
It is the amount of time by which the Early Start of an activity can be delayed without delaying the Early Start of successor activities.
This lesson addresses the following
What is Critical Path Method?
What is Precedence Diagramming Method?
What is Activity-on-Node?
What is Schedule Network Diagram?
How to draw Schedule Network Diagram?
How to find Critical Path?
What is Free Float?
What is Total Float?
What is the difference between Free Float and Total Float?
Critical Path Questions
Critical Path Formulas
Critical Path Problems
Additional Lessons
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2. Firm Fixed Price Contracts: • What is a Firm Fixed P...
3. Cost Plus Incentive Fee Contracts: • Cost Plus Incentive Fe...
4. Time Value of Money: • What is Time Value of ...
5. NPV and IRR: • What is Net Present Va...
6. Benefit-Cost Ratio & ROI: • Benefit-Cost Ratio & R...
7. Straight Line Depreciation: • What is Straight Line ...
8. Double Declining Balance Depreciation: • What is Double Declini...
9. Sum Of Years Digits Depreciation: • Sum Of Years Digits De...
All the best with your PMP exam!!
#SunnySensei #PDM #CriticalPath

[@shenawix]

Great tutorial material, accurate and to the point, I’ve watched many before but these are the best . I hope you expand and add many more, excellent, keep the good work

[@sunny.sensei]

Thank you. Let me know if there are other topics that interest you. I would be happy to cover those in my lessons.

[@shenawix]

Thanks for your reply, yes there is a topic if you could cover it that would be great, it is Line of Balance (LOB) technique. Regards

[@mark.n.jordan2517]

Probably the best video of this kind I've seen - great work!

[@sunny.sensei]

Thanks for your encouraging feedback. I am happy that you found this lesson useful.

[@RamKumar-kj1ju]

Simply superb. Thank you😊

[@sunny.sensei]

Thank you so much 🙏😊

[@sitimadihahtaib670]

nice..its easy to understand

[@sunny.sensei]

I am glad that you liked the lesson.

[@naveensonkar8714]

Awesome video. Very lucid and easy to understand. Request you to explain us about MANAGING STAKEHOLDER & ITS STRATEGIC APPROACH. Sir also it would great for us to have a case study simulating a complete project to show "How a Project leader/manager can take decision and see its consequences during the entire project life cycle, by creating (simulating) increasing levels of complexity, ambiguity, and uncertainty which may be actually faced by any project leader. Kindly consider my request and upload a case study. Thanks in advance. :)

[@naveensonkar8714]

Sir plz do something on the request i made..

[@sunny.sensei]

Thank you, Naveen, for your feedback. I am happy to know that you found the lesson useful. I have noted down your request on "Managing Stakeholders". I will look into this and hopefully, come up with a lesson. I also apologize for the delayed response. I do this as a hobby. Sometimes, it is hard to find time.

[@naveensonkar8714]

@@sunny.sensei I can understand sir..!!! Infact i have been waiting for your reply...! Thanks for reply.! :)

[@jaganathan6116]

wishing in advance that your videos will cross million views ,such a comprehensive video,Thank you.

[@sunny.sensei]

Thank you so much for your encouraging words 🙏

[@Ankurkumar14680]

Very informative, thanks a lot for ur effort and great explanation

[@sunny.sensei]

Thank you, Ankur. I am happy to know that you liked the lesson. All the best with your PMP exam!

[@sitinurfaiqahbintiazlie5158]

Well explained, easy to understand. Thank you!

[@sunny.sensei]

I am happy to know that you liked the lesson.

[@fatinafifah8058]

Nice video and easy to understand 👍

[@sunny.sensei]

Thank you

[@TheSuris]

I got lost after the Total Float

[@sunny.sensei]

Ah, it is a long lesson. Please revisit the lesson again. Hopefully, you will be able to go through all of it next time. All the best with your prep for PMP!

[@AbhayMamidpalliwar]

Great Video. Thank You !

[@sunny.sensei]

Thank you, Abhay. I appreciate your kind feedback.

[@essimoetameenerst8100]

wow nice video

[@mroyon]

very helpful, thanks a lot.

[@sunny.sensei]

Thank you. All the best for your PMP exam!!

[@Magayshibeo]

very helpful!!!

[@sunny.sensei]

Glad it was helpful!

[@musik847.1]

Great video, thanks!

[@sunny.sensei]

Thank you for your kind feedback!

[@nathankolandavaloo2032]

Thank You Sunny, great tutorial and easy understanding of CPM.

[@sunny.sensei]

Thanks, Nathan.

[@kakulumanyelela6311]

Awesome lecture. Pjct Mngmnt made easy.

[@kanitvi514]

Thank you. Very articulately presented, comprehensive and to the point sessions.

[@sunny.sensei]

I am glad that you liked the lesson.

[@erickodhiambo2058]

what are the three conditions that a critical path must satisfy?

[@humayunrizvi108]

Very informative video perhaps one of the best I have seen on this topic. Covers everything you need to know with one case scenario that not only helps in understanding the concept but helps in retaining the concepts long after you have finished reading the EVM topic. Very useful piece of information for anyone preparing for PMP or CAPM certification examination.

[@sunny.sensei]

I am encouraged with your feedback. Thank you so much.

[@mdnaiemhossain6074]

very clear

[@sunny.sensei]

Thank you for your feedback.

[@boazemmanuel8792]

Thanks

[@sunny.sensei]

I am glad that you liked the lesson.