What is the Critical Path Method (CPM)? PM in Under 5 minutes

The video tutorial explains the critical path method, a project management technique developed in the 1950s. It compares this method with the PERT method, highlighting differences in representation and estimation. The tutorial outlines a six-step process to apply the critical path method, emphasizing its use in project planning and monitoring. It also discusses the concept of float and resource management, and compares the critical path method with Gantt charts, noting that both are different ways to represent the same project information.

What are the advantages and disadvantages of using single point estimates in the critical path method?

How does float affect project scheduling in the context of the critical path method?

In what ways are Gantt charts and critical path network diagrams similar?