bp 1 (chapter 9)

To identity major problems before they occur.

To monitor the operation in progress

Carried out after the event

Establishment of budget retailing the responsibilities to the required policy

Total income is equal to the total cost when profit or loss is made

Technique to present controlling information to the management

This technique is for controlling complex project which requires analysis into various activities and events.

time required completing an activity can be precisely computed

• CPM

• PERT

time required completing an activity cannot be predicted certainly

• CPM

• PERT

Schedule and control procedure developed by NASA