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.

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 ...

Training coffee shop employees to work together as a team requires a strategy for teaching smaller skills within the context of the larger operation. The "critical path method," called CPM, is a ...

See how the critical path method (CPM) can be used for project management in our detailed guide. We’ll walk you through how to calculate it and share real-world examples for applying CPM to different ...

We examine and compare the origins and mechanics of program evaluation and review technique (PERT) and management by objectives (MBO), reviewing the controversy concerning the mathematical validity of ...

SINCE ITS INCEPTION IN 1958, the Program Evaluation and Review Technique (PERT) has been adapted for many military and industrial applications, A considerable market is now opening up for PERT ...