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Quantitative Finance · Begrippenlijst

Wat is Critical-path method?

Definition 24.2 The Desk and the Firm · Hoofdstuk 24 — Entering a New Market

The critical-path method schedules a project given as tasks with durations and precedence constraints: each task starts when all its predecessors finish; the project’s length is the longest path through the network; a task’s slack is how much it can be delayed without delaying the end; the critical path is the chain of tasks with no slack.

The entry’s schedule: each workstream from its earliest start, the critical path in the darker colour. The first trade comes at ten months, not the plan’s eight: the registration and membership chain is two months longer than the clearing chain. Data: firm.entryplan.schedule.
Figure 24.1. The entry’s schedule: each workstream from its earliest start, the critical path in the darker colour. The first trade comes at ten months, not the plan’s eight: the registration and membership chain is two months longer than the clearing chain. Data: firm.entryplan.schedule.
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