Abstract
When consumers plan vacations, manufacturers schedule production, and governments tackle budget deficits, each must deal with a myriad of interrelated activities. In large projects, managing these interrelationships is very difficult due to three major factors: the precedence ordering of activities, the uncertainty about activity durations, and the possibility of reallocating resources.
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MacCrimmon, K.R. (2018). Critical Path Analysis. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_455
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DOI: https://doi.org/10.1057/978-1-349-95189-5_455
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