• Evaluation and Review Techniques

  • Dec 10 2024
  • Length: 38 mins
  • Podcast

Evaluation and Review Techniques

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  • Summary

  • The show covers several aspects of operations research and project management. One text focuses on linear programming, explaining its theoretical underpinnings, solution methods (simplex algorithm), and applications, including a detailed case study on school busing optimization. Another text explores project management techniques, specifically the Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT), demonstrating their application in scheduling and risk assessment for a building project. A third text presents a framework for project evaluation, encompassing four approaches: specific success criteria, the "iron triangle," internal benchmarking, and external benchmarking. Finally, several additional texts discuss network analysis, detailing its applications in project management, including defining key terms, outlining the process of constructing network diagrams, and highlighting its advantages and limitations.
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