CPM/ PERT

CPM CPM was developed by Du Pont and the emphasis was on the trade-off between the cost of the project and its overall completion time (e.g. for certain activities it may be possible to decrease their completion times by spending more) In CPM activities are shown as a network of precedence relationships using activity-onnode network construction. Used in Production management - for the jobs of repetitive in nature where the activity time estimates can be predicted with considerable certainty due to the existence of past experience.

PERT Production management - for the jobs of repetitive in nature where the activity time estimates can be predicted with considerable certainty due to the existence of past experience. Used in Project management - For non-repetitive jobs (research and development work), where the time and cost estimates tend to be quite uncertain. This technique uses probabilistic time estimates

Microsoft (www.microsoft.com) Overview of the company This website is designed for Microsoft Corporation which is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Established on April 4, 1975 to develop and sell BASIC interpreters for the Altair 8800, Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s, followed by the Microsoft Windows line of operating systems. Microsoft would also come to dominate the office suite market with Microsoft Office. The values of Microsoft are that they value integrity, honesty, openness, personal excellence, constructive self-criticism, continual self-improvement, and mutual respect. They are committed to their customers and partners and have a passion for technology. They take on big challenges, and hold themselves accountable to their customers, shareholders, partners, and employees by honoring our commitments, providing results, and striving for the highest quality. The mission of Microsoft is to help businesses and people throughout the world realize their full potential. Use of CPM/PERT by Microsoft Microsoft Project uses the CPM internally to calculate the duration of projects. Microsoft Project defines the critical path as a set of those tasks that if delayed or started early will affect the finish date of the entire project. Therefore, those tasks that constitute the critical path are the critical tasks. And so accordingly they can change the starting or the completing time of the succeeding activity. The best method used by Microsoft of displaying a CPM-like view of a project is to create a custom dual-pane view with a Gantt Chart (formatted to display critical tasks) on the top view and a Task PERT chart on the bottom. Filters can then be applied to restrict the viewable data according to the CPM criteria. They have used PERT to estimate time and cost of non-repetitive tasks such as research and development carried out before launching a new software. The time and costs of such non- repetitive tasks is very uncertain.

Primavera Software (www.primavera.com) Overview of the company: Oracle has acquired Primavera Software, Inc., a leading provider of Project Portfolio Management (PPM) solutions for project-intensive industries. Primavera offers best-in-class solutions focused on the mission critical PPM requirements of key vertical industries including engineering and construction, public sector, aerospace and defense, utilities, oil and gas, manufacturing and high tech, and IT and services. Primaveras PPM products, together with Oracle's project financials, human resources, supply chain management, product lifecycle management, business intelligence, and infrastructure software are expected to provide the first, comprehensive Enterprise Project Portfolio Management solution. This solution is expected to help companies optimize resources and the supply chain, reduce costs, manage changes, meet delivery dates, and ultimately make better decisions, all by using real-time data.

Use of CPM/PERT by primavera CPM has allowed project planners and schedulers to achieve more-accurate project plans and it allowed the company to better model the real world and is also used a more in-depth evaluation. CPM helped ORACLE monitor the progress of a project and to make midcourse corrections when needed. Primavera used CPM to forecast the project completion time and PERT was used to predict the time required to carry on the research and development before introducing new software.

Project Management Institute (www.pmi.org) Overview of the company This website is designed for the company PMI which is the worlds leading not-for-profit
membership association for the project management profession, with more than half a million members and credential holders in more than 185 countries. Our worldwide advocacy for project management is supported by our globally-recognized standards and credentials, our extensive research program, and our professional development opportunities. These products and services are the basis of greater

recognition and acceptance of project managements successful role in governments, organizations, academia and industries. Their worldwide advocacy makes them the global thought leader in this strategic organizational competency. The core values the follow are professionalism, volunteerism, community and engagement.

Use of CPM/PERT by the company They have used CPM to focus on specic actions and milestones (i.e., Balanced Scorecard) and established realistic goals and objectives on which we can be measured to identify success. CPM has also approved the update of our awards program. We are trying to capture more categories to increase recognition of those who have proven themselves in the work environment and/or as a volunteer to the organization. In addition, we have developed a Strategic Partnering Agreement template that allows CPM to work with other PMI components. They have used CPM and PERT as various project development tools while handling their clients projects. PERT is also used to predict the time required for research and development while handling clients project. CPM is used to finish the project in minimum time, reducing costs and finding the critical path for project completion.