CHAPTER 4

Project Management

CRITICAL QUESTIONS

After going through this chapter, you will be able to answer the following questions:

  • How does the planning and control of projects differ from other operating systems?
  • What are the various phases in project management? What are the organizational mechanisms employed for effective planning and control of operations in a project?
  • What are the elements of a network analysis of projects? What are the alternative methods by which a project can be graphically depicted for the purpose of analysis?
  • What do you understand by the critical path method (CPM) and the programme evaluation and review technique (PERT)? How can various aspects of CPM and PERT be used for decision making in project planning ...

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