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.

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Suzanne is a ...

Training coffee shop employees to work together as a team requires a strategy for teaching smaller skills within the context of the larger operation. The "critical path method," called CPM, is a ...

Regardless of the technique you use, the tendency in project estimation is to provide one number for each estimate. In other words, if you have 100 activities on your schedule, each activity would ...

We examine and compare the origins and mechanics of program evaluation and review technique (PERT) and management by objectives (MBO), reviewing the controversy concerning the mathematical validity of ...