EDP Notes

ADVANTAGES

1) It makes better and detailed planning possible.
2) It helps in ascertaining the time schedule.
3) Control by management becomes easy.
4) It identifies most critical elements and thus more attention can be paid on these activities.
5) It facilitates optimum utilization of resources
LIMITATIONS OF CPM

1) It is based on the assumption of precise known time for each of these activities.
2) It ignores statistical analysis in determining the time estimates.
3) It facilitates solution for the problem.