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.

(This material is not covered in Fraser, Bernhardt and Jewkes. A good reference text is Hillier and Lieberman, ``Introduction to Operations Research'', published by Holden-Day; the fourth edition of ...