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Learning Project Management Critical Path in 30 min with Ricardo Vargas

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  • čas přidán 15. 08. 2024
  • In this video, Ricardo explains in detail how to calculate the critical path. It explains with examples how to calculate the forward pass and the backward pass, as well as the free and total floats.
    Learning Critical Path in 30 min with Ricardo Vargas
    This video is part of the content Ricardo is working to explain some project management principles!
    LEARN MORE ABOUT MY ONLINE SCHOOL AT
    learn.ricardo-...
    IF YOU LIKE THIS VIDEO, SUBSCRIBE MY CHANNEL AT rvarg.as/youtube
    TABLE OF CONTENT
    0:00 - Introduction
    0:49 - The Concept Critical Path
    2:14 - The four components of Critica Path
    5:54 - The forward pass
    14:14 - The backward pass
    23:21 - Free and Total float
    34:01 - Final Considerations
    Learning Critical Path in 30 min with Ricardo Vargas
    Project Management
    ricardo vargas pmp
    pmp certification
    ricardo Viana Vargas
    project management certification pmp
    pmp exam
    project schedul
    decision support system
    decision making
    critical path
    forward pass
    backward pass
    time management
    project management
    total float
    free float
    early start
    early finish
    late start
    late finish

Komentáře • 29

  • @rvvargas
    @rvvargas  Před rokem +9

    Thanks for your interest in this video. You can download the exercise file at get.ricardo-vargas.com/criticalpath. 🚀
    Do not miss the chance to visit our online school with several free courses for your project management learning. Access the school at learn.ricardo-vargas.com

    • @ramaneswararaorongala7263
      @ramaneswararaorongala7263 Před rokem

      Excellently explained in a lucid way👏 Kudos to you🙏 Template link is guiding to your website, after submitting the details, there is a message that template is sent my email. But, never, i saw an email from your side. Please look into this bug.

  • @EbuniMisses
    @EbuniMisses Před rokem +8

    One thing about Mr. Vargas is that he is going to make sure you understand what you are doing and why you are doing it in vey practical terms. He makes it easy to apply the information to a variety of areas.

  • @danielledeangelis6281
    @danielledeangelis6281 Před 10 měsíci +2

    This is the video that finally made me understand Critical Path without formulas!

  • @kaykayyou9088
    @kaykayyou9088 Před 6 měsíci +2

    This is the single most helpful resource I've found on this topic. Better than the PMBOK, better than all the supplemental resources my program shared. Thank you!!

  • @ikennachidiebere4620
    @ikennachidiebere4620 Před 2 měsíci

    Thanks a lot Mr Vargas. You have a way of breaking down complexities into simple understandable terms.

    • @rvvargas
      @rvvargas  Před 2 měsíci

      Thank you. Have a wonderful week! 🙏

  • @AC-ro6ib
    @AC-ro6ib Před rokem +10

    Im taking the PMP exam on 1/28/23. Your videos are extremely helpful.

  • @sidsid3888
    @sidsid3888 Před měsícem

    Thank you...your explanations are very very clear

  • @GABSIAN1838
    @GABSIAN1838 Před rokem +2

    The determination of CP can provide the Project Manager and the project team a lot of information such as the establishment of the early and the late start, the development of human resources (when and who I need), the calculation of total float..

  • @COBJ8
    @COBJ8 Před rokem +2

    Thank you for taking on this intimidating topic. The content you put out is always useful.

  • @jaenudinrifaiify
    @jaenudinrifaiify Před rokem +1

    Thanks Mr. RV

  • @ricardorodrigues5151
    @ricardorodrigues5151 Před rokem +2

    Simple however, valious. Thanks for share!

  • @georgewithey1689
    @georgewithey1689 Před rokem +3

    This is a really great tutorial! Great job!!

  • @cafecandido3219
    @cafecandido3219 Před 10 měsíci

    Well explained, thanks Ricardo Vargas

  • @michaeldoherty7434
    @michaeldoherty7434 Před rokem +1

    Thanks Ricardo. Your finish dates are one day later than the traditional way to do it. So if you start on day 0 and the task is 1 day then it finishes on day 0. However your method makes the maths a bit simpler and gets the same result. Hence I’d suggest people use the way that you calculate the floats.

    • @rvvargas
      @rvvargas  Před rokem +2

      Thanks Michael. Some people like to start with 0. For me it is far simpler starting with Day One (1) so the math becomes very direct. Cheers. Ricardo.

  • @rileygla23
    @rileygla23 Před 11 měsíci

    Lovely hope to pass my online study😊

  • @user-rj8dv7hs1d
    @user-rj8dv7hs1d Před rokem +1

    Dear Ricardo ,
    Suppose we are calculating the range of an estimate for an individual activity on the critical path , further to obtain an estimate for that duration using a weighted Beta averaging ; thus upon calculating the range using Beta EAD ± SD , would this range be the widest among all other project activities , if so would it have the greatest risk?

    • @rvvargas
      @rvvargas  Před rokem +1

      Great question. This is the average path. It is not the path with the greatest duration. The path with the gratest lengh is the one with all pessimistic dates on the distribution. Regarding risks, the behavior is quite the opposite. The most optimistic date is the one that brings most of the threats because it considers the path that everything goes well. I hope this could answer your question.

    • @user-rj8dv7hs1d
      @user-rj8dv7hs1d Před rokem

      @@rvvargas Yes , Thank you and it is much appreciated.

  • @ManaarPresentations
    @ManaarPresentations Před 26 dny

    Is there a way to see the total float and free float in MS Project?

    • @rvvargas
      @rvvargas  Před 25 dny

      Yep! Insert the total float and free float fields in the table and you will have them! :)

  • @HexalHexal
    @HexalHexal Před rokem +2

    This is not the correct calculation. If you start an activity on day 1 and it has a duration of 4 days. Then it is full day 1, full day 2, full day 3, and full day 4 ... not 5.
    The formula is ES+D-1=EF

    • @rvvargas
      @rvvargas  Před rokem +1

      Hi Stefan. This is one approach and it is right too. I did that because I do not want people to think it is on the start or end of a day. But of course that if you start at the beginning of day 1 and it takes 4 days it will end at the end of day 4. But when you move this 4 to the next activity you will have to add one because the task will then start in the morning of day 5. At the end it does the same effect. You can use EF=ES+D and ESnext activity = EF previous activity or you can use EF=ES+D-1 and ESnext activity = EF previous activity +1. Ricardo

    • @HexalHexal
      @HexalHexal Před rokem +1

      @@rvvargas thank you for the explanation, Ricardo. Have a wonderful day.

    • @FreshNFunky24
      @FreshNFunky24 Před 7 měsíci +1

      Thanks a lot for calling this out. I was going through examples and saw this and couldn't get the math to work.