PERT – Program Evaluation and Review Technique Developed by Lockheed Corporation in participation with the US Navy Polaris Missile/Submarine Project in 1958
CPM – Critical Path Methoddeveloped by DuPont c.1958
A Customer Service Representative (CSR) walks into your office and makes you any offer. "If you will increase my annual salary of $18,000 to $20,000, I will sign a contract to stay here for three more years." What would you do? Well, you can't do THAT so maybe I should ask instead, what should you do? The smart play might be to accept it.
Do your employees trust you? A recent suggests they probably do not. They trust their co-workers and they even like their job for the most part, but they don't believe that their managers are making the best decisions. This is especially true when it comes to decisions made about them.
Often a Project Manager is evaluated on his or her ability to complete a project within budget. If you have effectively managed the project resources and project schedule, this should not be a problem. It is, however, a task that requires the project manager's careful attention. You can only manage effectively a limited number of cost items, so focus on the critical ones .
