Management: Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM)

Originating in the late 1950s, Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM) are two of the most important techniques for rationalizing decision-making processes in the public and private sectors. Instruction in each method is a standard feature of courses in project management. PERT and CPM are little addressed in current scholarship; both techniques are part of the conventional stock of knowledge in management science.