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Critical path management also provides a method for determining the financial consequences if a project falls behind schedule.
The critical path method provides a structured approach to project scheduling, allowing you to identify the operations most important for successful project completion.
The mysterious critical path notion seems to put project managers in difficulty and especially the novice ones. In order to clear things up we need to have a background knowledge.
Project delivery Risk Risk Management 'Not Enough is Being Done to Stop Critical-Path Schedule Manipulation' Interview: Ten minutes with Scheduling Expert Stuart Ockman By Richard Korman ...