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To make the very long story short:
1. If CPM refers to Corporate Performance Management the advantage is that after implementation we receive a measurable – and therefore comparable – data regarding the outcomes of different decisions taken. The disadvantage – apart of potential mistakes in the implementation process that could be very dangerous – is that the management may at certain point feel too comfortable, and only focus on the information received from CPM, ignoring some new data that are constantly appearing, as markets evolve. The CPM need to be updated, on the regular basis.
2, If CPM refers to Critical Path Method – it give us the knowledge about the project timing, which is an advantage. The potential disadvantage is making our attention concentrate on too narrow part of the project, thus endangering the whole project.
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