critical path analysis

critical path analysis
CPA A decision-making philosophy that seeks to minimize the time required to complete an activity by reference to the longest (or "critical") path of activity. The aim of critical path analysis is to improve efficiencies along the critical path in order to speed up the entire process. It was developed by U.S. military project planners following World War II, and its use has spread to the business world. Critical path analysis is normally prepared as a diagram that shows the various routes and events that occur in a pattern of sequential activities.

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  • critical path analysis — noun The working out with the aid of a computer the sequence of operations that must be followed in order to complete a complex piece of work in the minimum time • • • Main Entry: ↑critic …   Useful english dictionary

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  • Critical Path Analysis - CPA — A process by which projects are outlined and sequenced to have the most favorable outcome. Critical path analysis involves the advanced and careful planning of complicated projects, taking into consideration the sequence of activities that must… …   Investment dictionary

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  • critical path analysis — ▪ management       technique for controlling and coordinating the various activities necessary in completing a major project. It utilizes a chart that consists essentially of a series of circles, each of which represents a particular part of a… …   Universalium

  • critical path analysis — noun plural critical path analyses (C) technnical a method of planning a large piece of work so that there will be few delays and the cost will be as low as possible …   Longman dictionary of contemporary English

  • critical-path analysis —  Management analysis of the most important sequence of an operation …   American business jargon

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