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 ...

Projects are time-limited efforts aimed at accomplishing specific goals. Project managers have the task of completing the project on time, on budget and with the required functionality. Before the ...

This example illustrates the PERT statistical approach. Throughout this chapter, it has been assumed that the activity duration times are precise values determined uniquely. In practice, however, each ...

Discuss the behavioral aspects of projects in terms of project personnel and the project manager. A project manager has to effectively manage the project and team. Therefore, project managers must be ...