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Project Management




                    Notes          PERT is used in Research type of projects whereas CPM is used in all of non-research type
                                   projects.





                                      Task  Discuss the Network Techniques of Project Management.

                                   13.3.1 Evolution of Network Techniques

                                               th
                                   By the end of 18  century, the decision-making process was mainly depended on the managerial
                                                                                                       th
                                   capabilities, experiences and academic background of managers. In the early stage of 19  century,
                                   the pioneers of scientific management started developing the scientific management techniques.
                                   During World War I, Henry L. Gantt developed Gantt chart for production scheduling which
                                   was later on modified to bar chart for the purpose of project and production scheduling.
                                   The network techniques of PERT and CPM were concurrently developed in 1957. In the beginning,
                                   CPM was used for planning and scheduling of constructional projects. It was also used for
                                   scheduling the maintenance shutdown. The  construction industry in general  and the  petro-
                                   chemical industry in particular were the major areas of CPM applications. PERT was developed
                                   by US Navy for scheduling the research and development work for the Polaris Fleet Ballistic
                                   Missiles Programmed whose activities were subject to a considerable degree of  uncertainty.
                                   Initially, this technique was named as “Programmed Evaluation and Review Technique” after
                                   1958, this technique was used by Russian Scientists for the utilization and management of their
                                   huge ammunition. But after 1960, this technique came up as a revolutionary technique for the
                                   purpose of decision-making. With the passage of time, PERT and CPM applications started
                                   overlapping and now they are used almost as single technique and the difference between the
                                   two is only of the historical and academic interest.




                                     Notes  The network techniques of PERT and CPM were concurrently developed in 1957. In
                                     the beginning, CPM was used for planning and scheduling of constructional projects.

                                   Self Assessment

                                   Fill in the blanks:
                                   1.  The ……………… was designed for the UNIVAC-I computer.

                                   2.  ……………… was devised in 1958 for the POLARIS  missile program  by the  Program
                                       Evaluation Branch of the Special Projects office of the U.S. Navy.
                                   3.  Traditional PERT is used less often than ………………

                                   State True or False:
                                   4.  Critical Path is the shortest pathway taken from the initial event to the terminal event.
                                   5.  Lag time is the earliest time by which a successor event can follow a specific PERT event.
                                   6.  In project management, a critical path is the sequence of project network activities with
                                       the longest overall  duration, determining  the  shortest  time possible to complete  the
                                       project.







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