critical path method

Definitions

Accounting

  • noun
    (written as critical-path method)
    a technique used in project management to identify the activities within a project that are critical to its success, usually by showing on a diagram or flow chart the order in which activities must be carried out so that the project can be completed in the shortest time and at the least cost

Computing

  • noun the use of analysis and the projection of each critical step in a large project to help a management team.

Electronics

  • A technique, used in project management, in which a path connecting the key tasks is drawn. Any delays in this path would ultimately delay the overall project, while tasks that are not critical have a given slack time incorporated. Its abbreviation is CPM.
http://www.dictionarycentral.com/definition/critical-path-method.html