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.

The current PERT definition is "Program Evaluation and Review Technique." Created by the United States Navy after World War II, PERT has become a popular management strategy for handling large-scale, ...

An expository treatment of three network models most often encountered in Management Science applications: (i) The Shortest Path Problems, (ii) Flow Networks, and (iii) Activity Networks. In the first ...

The conventional procedure for determining the expected project completion time is to find the critical path; its duration is treated as the expected completion time for the project. It is known among ...