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.

Using a Program Evaluation and Review Technique network model of a project schedule, a method is presented to estimate the effects of changes to the probability distribution for any activity time on ...

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 ...