\ TOPIC VI NETWORK ANALYSIS DEFINITION ü Term used for a family of related techniques developed to aid management plan and control prices. ü The technique show the interrelationship of the various jobs or tasks which make up the overall project and its critical parts. ü Most valuable where projects are complex, large and where restrictions exist. ü More commonly used terms in network analysis include: Critical Path Planning (CPP), Critical Path Analysis(CPA), Critical Path Scheduling(CPS), Critical Path Method(CPM) and Programme Evaluation and Review Technique(PERT). Basic terminologies include; ü Activity - a task or job of work which takes time and resources eg verifying the debtors in a sales ledger, etc represented by an arrow ü Event - a point in time and indicates...
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