Answered: Discuss the use of the Program…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Discuss the use of the Program Evaluation and Review
Technique (PERT) to schedule the tasks of a large complicated
project. How widely is PERT used?

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Step 1

In a project management scenario, scheduling is described as listing the milestones, deliverables, and activities in a project. It is essential to state that scheduling includes a valid start date, a completion date, and a duration assigned to each of the activities in a project. Hence, scheduling is a form of a timetable that is followed when carrying out the tasks of a project.

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