Note on Project Management

by: James S. Reece, Eric Svaan

Publication Date: July 2, 2012
Length: 14 pages
Product ID#: 1-429-244

Core Disciplines: Leadership/Organizational Behavior, Operations Management/Supply Chain

Partner Collection:

Available Documents

Click on any button below to view the available document.

Don't see the document you need? Don't See the Document You Need?
Make sure you are registered and/or logged in to our site to view product documents. Once registered & approved, faculty, staff, & course aggregators will have access to full inspection copies and teaching notes for any of our materials.


Need to make copies?

If you need to make copies, you MUST purchase the corresponding number of permissions, and you must own a single copy of the product.

Electronic Downloads are available immediately after purchase. "Quantity" reflects the number of copies you intend to use. Unauthorized distribution of these files is prohibited pursuant to term of use of this website.

Teaching Note

This product has a teaching note available. Available only to Registered Educators. Please login to view it.


Whether you are constructing a new building, installing a new computer, or introducing a new product to the market, you are using project management strategies to get from A to B. This note concentrates on the Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT). By reading this note, students will find that these techniques have been designed to ensure high-quality projects are completed on time and on budget.

Teaching Objectives

After reading and discussing the material, students should:

  • Determine the critical path and expected duration for a project.
  • Determine the earliest point that the example project could be completed if tasks were “crashed.”
  • Calculate the least additional cost required to achieve a given completion date.
  • Calculate the project duration that minimizes total project costs.
  • Calculate the estimated total cost at completion.
  • Calculate the estimated completion date.