September 2011
Intermediate to advanced
288 pages
7h 35m
English
There are five frequently used nonfinancial controls: project controls, management audits, inventory controls, production control, and quality control (see Table 7.3).
Project controls are designed to control the operation of certain projects undertaken by the organization. The two most popular project controls are Gantt charts and Program (or Project) Evaluation Review Technique (PERT) analysis. A Gantt chart (named for Henry Gantt) is a bar chart that illustrates the time relationship between events and their outcome. The chart highlights the activities required to complete a task and allocates a time frame for each. The Gantt chart can be used to identify if a project is ahead, behind, or on schedule. ...
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