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PERT Program Evaluation and Review Technique M-.u ch has been written recently about PERT and its companion CPM. It is difficult to pick up a business or technical publication nowadays without finding an article on the subject. Lately, we have also been hearing about PERT/COST. What is PERT? Why is it such a popular subject now? And how does it affect us in Touche, Ross, Bailey & Smart. PERT and CPM are management devices which deal with the planning, scheduling, and controlling of complicated programs where many inter-related events must take place in a given sequence in order to produce a particular end result. An excellent example of such a program is the design and construction of a space craft or a missile. But examples with which we are more familiar in everyday business are construction LEGEND An oval represents a completed event. An arrow represents an activity, the number refers to the units of time (days in this case) required to complete it. _ The heavy arrows represent the criti- "*^""" cal path — the longest path through the network. n /DRAWINGS^'' [ ^ f COMPLETED ]~
Object Description
Title |
PERT, Program evaluation and review technique CPM, Critical Path Method |
Author |
Power, William D. |
Subject |
PERT (Network analysis) Critical path analysis |
Personal Name |
Power, William D. |
Portrait |
Power, William D. |
Office/Department |
Touche, Ross, Bailey & Smart. Management Services Central Staff |
Citation |
Quarterly, Vol. 08, no. 4 (1962, December), p. 29-37 |
Date-Issued | 1962 |
Source | Originally published by: Touche, Ross, Bailey & Smart |
Rights | Copyright and permission to republish held by: Deloitte |
Type | Text |
Format | PDF image with OCR under text, scanned at 400dpi |
Collection | Deloitte Digital Collection |
Digital Publisher | University of Mississippi. Digital Accounting Collection |
Date-Digitally Created | 2009 |
Language | eng |
Identifier | Quarterly_1962_December-p28-37 |