The current PERT definition is "Program Evaluation and Review Technique." Created by the United States Navy after World War II, PERT has become a popular management strategy for handling large-scale, ...

Large, complex business projects require thousands of separate activities and can cost millions of dollars. With such high stakes, managing these projects poses a challenge to any large organization.

See how the critical path method (CPM) can be used for project management in our detailed guide. We’ll walk you through how to calculate it and share real-world examples for applying CPM to different ...