Important features of Critical Path Method (CPM)

• It is applicable to both, large and small scale projects.

• The technique can be used in planning and controlling the project.

• It is the technique of the economic sequence of operations in completing the projects.

• It is employed in projects where the minimum overall cost is of primary importance.

• In this technique, better utilization of resources takes place.

• It is suitable for industrial setting, plant maintenance and civil construction projects, etc.

• It is useful to determine the least time required to perform routine production operations. This ultimately helps to reduce indirect expenses.

• With the help of Critical Path Method technique, a manager knows which of the operations should be started after completing particular operation.