Implementation Of Critical Path Method And Project Evaluation And Review Technique

GÖKSU, Ali (2012) Implementation Of Critical Path Method And Project Evaluation And Review Technique. In: 3rd International Symposium on Sustainable Development, May 31 - June 01 2012, Sarajevo.

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Abstract

Because of the growing effects of the globalization in various business environments, the manufacturing industry is expected to be effective and yet efficient. According to this, in planning, scheduling and controlling a project, which is a combination of various activities, project management techniques (PERT and CPM) are used. Therefore, the research question is How will the implementation of CPM and PERT influence the effectiveness and efficiency of furniture company ''Dallas''? The answer to this question is relevant in oder to point out the importance of those methods in reducing the project completion time and costs. The data are taken from the furniture company ''Dallas'' and it will be combined with literature reviews. The research study is fueled by the following objectives: First is to determine the activities that are involved in the manufacturing proces in selected company. Second is to demonstrate the benefits, as well as the drawbacks that those methods might create in the organization. And third is to demonstrate the influence of CPM and PERT in the entire furniture industry and its competitiveness. Implications of this research paper are evaluation of the project completion time and control of the resources, in oder to see that the project is completed within the planned time and cost by using mentioned methods. At the end of the study, the result is expected to help all the individuals as well as the companies to understand more the concept of CPM and PERT methods in reducing the project completion time and costs. Keywords : CPM, PERT, Furniture Company, Optimization

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Economics > Management Department
Depositing User: Users 173 not found.
Date Deposited: 17 Oct 2012 13:03
Last Modified: 17 Oct 2012 13:03
URI: http://eprints.ibu.edu.ba/id/eprint/1114

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