About: Criticality index

Criticality index is mainly used in risk analysis. The Criticality Index of an activity (task) can be expressed as a ratio (between 0 and 1) but is more often expressed as a percentage. During a (e.g. Monte Carlo) simulation tasks can join or leave the critical path for any given iteration. The Criticality Index expresses how often a particular task was on the Critical Path during the analysis. Tasks with a high Criticality Index are more likely to cause delay to the project as they are more likely to be on the Critical Path.If a task does not exist for some iterations (e.g. it is probabilistic) then it is marked as not being critical. For example, a task that existed for 50% of the iterations and was critical 50% of the time it existed would have a Criticality Index of 25%.