CPM
Content
University of Mumbai
Department of Statistics
Post Graduate Diploma In Applied Statistic with Software
GROUP NUMBER: 7 Group members: 1. VIVEK BANDAAL- 28 2. HETA DESAI - 09 3. NIMA - 14 4. YAMINI MATKAR – 25 5. POOJA THAKUR - 44
What is the CPM?
Critical Path Method (CPM), is a procedure for using network analysis to identify those tasks which are on the critical path: i.e. where any delay in the completion of these tasks will lengthen the project timescale, unless action is taken. For all tasks off the critical path, a degree of tolerance is possible (eg. late start, late completion, early start, etc.).
Z
EXAMPLE: Planning activities for new product
introduction:
An established company has decided to add a new product to its line. It will buy the product from a manufacturing concern, package it, and sell it to a number of distributors selected on a geographical basis. Market research has indicated the volume expected and the size of sales force required. The steps shown in the following table are to be planned.
Activity A B C D E F
Description Organize sales office Hire salesman Train salesman Select advertising agency Plan advertising campaign Conduct advertising campaign
Time(weeks) 6 4 7 2 4 10
G
H I J K L
Design package
Set up packaging facilities Package initial stocks Order stock from manufacture Select distributors Sell to distributors
2
10 6 13 9 3
M
Ship stocks
5
PACKAGE STOCK ORDER STOCK SETUP
START PACKAGING FACILITY
SHIP STOCK TO DISTRIBUTOR
DESIGN PACKAGE
SELL TO DISTRIBUTOR
SELECT DISTRIBUTIO N
ORGANIZE SALES OFFICE HIRE SALESMAN TRAIN SALESMAN
END
SELECT ADVERTISNG AGENCY
PLAN ADVERSTING CAMPAIGN
CONDUCT ADVERTISING CAMPAIGN
4 1314 J 13 H 10
I
6
9 2020 M L 6 1717 3 5
1 0 0 A 6
G 2 K
10 2525
C
9 B 2 6 6 4 D 2 7 8 11 5 1010
7
F 1 0
E
4
8 1215
Department of Statistics
Post Graduate Diploma In Applied Statistic with Software
GROUP NUMBER: 7 Group members: 1. VIVEK BANDAAL- 28 2. HETA DESAI - 09 3. NIMA - 14 4. YAMINI MATKAR – 25 5. POOJA THAKUR - 44
What is the CPM?
Critical Path Method (CPM), is a procedure for using network analysis to identify those tasks which are on the critical path: i.e. where any delay in the completion of these tasks will lengthen the project timescale, unless action is taken. For all tasks off the critical path, a degree of tolerance is possible (eg. late start, late completion, early start, etc.).
Z
EXAMPLE: Planning activities for new product
introduction:
An established company has decided to add a new product to its line. It will buy the product from a manufacturing concern, package it, and sell it to a number of distributors selected on a geographical basis. Market research has indicated the volume expected and the size of sales force required. The steps shown in the following table are to be planned.
Activity A B C D E F
Description Organize sales office Hire salesman Train salesman Select advertising agency Plan advertising campaign Conduct advertising campaign
Time(weeks) 6 4 7 2 4 10
G
H I J K L
Design package
Set up packaging facilities Package initial stocks Order stock from manufacture Select distributors Sell to distributors
2
10 6 13 9 3
M
Ship stocks
5
PACKAGE STOCK ORDER STOCK SETUP
START PACKAGING FACILITY
SHIP STOCK TO DISTRIBUTOR
DESIGN PACKAGE
SELL TO DISTRIBUTOR
SELECT DISTRIBUTIO N
ORGANIZE SALES OFFICE HIRE SALESMAN TRAIN SALESMAN
END
SELECT ADVERTISNG AGENCY
PLAN ADVERSTING CAMPAIGN
CONDUCT ADVERTISING CAMPAIGN
4 1314 J 13 H 10
I
6
9 2020 M L 6 1717 3 5
1 0 0 A 6
G 2 K
10 2525
C
9 B 2 6 6 4 D 2 7 8 11 5 1010
7
F 1 0
E
4
8 1215
