Project Management

Asoke Kumar Bhunia (), Laxminarayan Sahoo () and Ali Akbar Shaikh ()
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Asoke Kumar Bhunia: The University of Burdwan
Laxminarayan Sahoo: Raniganj Girls’ College
Ali Akbar Shaikh: The University of Burdwan

Chapter Chapter 14 in Advanced Optimization and Operations Research, 2019, pp 367-402 from Springer

Abstract: Abstract The objectives of this chapter are to: Discuss the importance of PERT and CPM techniques for project management. Distinguish between PERT and CPM network techniques. Discuss the different phases of any project and various activities to be done during these phases. Draw the network diagrams with single and three-time estimates of activities involved in a project. Determine the critical path and floats associated with non-critical activities and events along with the total project completion time. Determine the probability of completing a project within the scheduled time. Establish a time-cost trade-off for completion of a project.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spochp:978-981-32-9967-2_14

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DOI: 10.1007/978-981-32-9967-2_14

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