Organization is a key component of project management. When creating a project schedule, managers will find both Program Evaluation and Review Technique (PERT) and Gantt charts to be essential tools ...

PERT charts and Gantt charts are two different tools, which both allow project managers to keep track of tasks and monitor project delivery. Gantt charts are linear charts that place tasks on a ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Suzanne is a ...

Planning a large-scale project can intimidate even veteran managers. Juggling multiple team members' schedules, setting achievable deadlines and identifying which tasks have to be done and which can ...

Regardless of the technique you use, the tendency in project estimation is to provide one number for each estimate. In other words, if you have 100 activities on your schedule, each activity would ...

(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 ...

This example illustrates the PERT statistical approach. Throughout this chapter, it has been assumed that the activity duration times are precise values determined uniquely. In practice, however, each ...

In a groundbreaking study that has caught the attention of analysts and infrastructure strategists across the globe, Nigerian researcher Makinde Jamiu Olalekan, in collaboration with his team, has ...