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The Critical Path Method

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Project Management with Dynamic Scheduling
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Abstract

This chapter makes an effort to tighten the gap between the project scheduling literature and the needs of project managers and schedulers through the use of a practical computerized simulation game. Project managers are constantly confronted with the intricacy of scheduling a complex real-life problem in an efficient way when they often have little knowledge of the state-of-the-art in the algorithmic developments or inherent characteristics of the scheduling problem they solve. A game has been developed that serves as a training tool to help practitioners gain insight in project scheduling. The well-known critical path method (CPM) with activity time/cost trade-offs is introduced to the reader, and used as a project scheduling technique in the game.

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Notes

  1. 1.

    Note that this classification can be subject to discussion. The discrete time/cost trade-off problem as discussed in Sect. 3.2.2 is known to be NP-hard, and hence, constructing an optimal schedule for this scheduling problem is known to be a very difficult problem. However, due to the absence of renewable resources, the problem is considered as easy (quadrant 1 of Fig. 1.4) relative to the resource-constrained projects of quadrant 3. Details are outside the scope of this book.

  2. 2.

    Data based on figures obtained in 2003.

  3. 3.

    The default project network is based on the project discussed in Chap. 4 but duration and cost combinations changed to other settings to model the time/cost trade-offs.

  4. 4.

    No panic, it is only a game!

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© 2012 Springer-Verlag Berlin Heidelberg

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Vanhoucke, M. (2012). The Critical Path Method. In: Project Management with Dynamic Scheduling. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-25175-7_3

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