Recently added to the growing assortment of quantitative tools for business decision making is the Critical Path Method—a powerful but basically simple technique for analyzing, planning ...

Plant shutdowns can cause major business disruptions when they don't go as planned or finish on schedule. Reducing the ...

PERT and CPM are both methods for predicting the cost and completion time of projects. PERT is usually concerned just with the time taken, while CPM looks at cost/time tradeoffs. PERT and CPM belong ...

CPM (Critical Path Method) - PERT and CPM were developed separately at about the same time in the late 1950s. Both techniques are concerned with integrating and managing a project consisting of a ...