Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM) are both useful tools when planning and controlling a project. PERT and CPM are complementary and both are important ...
(This material is not covered in Fraser, Bernhardt and Jewkes. A good reference text is Hillier and Lieberman, ``Introduction to Operations Research'', published by Holden-Day; the fourth edition of ...
Abstract: A simplified method of finding PERT/CPM critical paths, project durations, and slack times is described. This method is not a replacement for the standard computer algorithms. Instead, it ...
Large, complex business projects require thousands of separate activities and can cost millions of dollars. With such high stakes, managing these projects poses a challenge to any large organization.
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