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critical path analysis

noun
1.
a technique for planning complex projects by analysing alternative systems with reference to the critical path, which is the sequence of stages requiring the longest time Compare programme evaluation and review technique
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Encyclopedia Article for critical path analysis

technique for controlling and coordinating the various activities necessary in completing a major project. It utilizes a chart that consists essentially of a series of circles, each of which represents a particular part of a project, and lines representing the activities that link these parts together. The critical path is the minimum time that a project can take, represented by the greatest of the times that are obtained by totalling the individual activities on any path from start to finish.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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