Project orientated planning, scheduling and controlling technique

Abstract

In the past several years, there has been an explosive growth of management technique to be used for planning and controlling projects. Between 1957 and 1958 such technique received special attention and as a result improved and developed further under various names (CPM, PERT, etc.). The technique is a method whereby the policy to be adopted in carrying out a project is represented by a graphical model in which the times necessary for the constituent parts are inserted. The model is analysed, the sequence (s) of times which determine the total project time extracted and the tirnes available for all constituents calculated. Comparison of actual times with available times enables control to be exerted in the performance of the project.