approach to Planning
Scheduling &
Controlling
- Harold Kerzner
,Chapter
Introduction to Project
Management
, History of Project Management
One of the first examples of project management was
the construction of the pyramids in Egypt
Henry L. Gantt (1861-1919) added an important
visualization tool around 1917 with the Gantt Chart
In the late 1950s, DuPont Company developed the
Critical Path Method (CPM)
Also in the late 1950s, Booz Allen Hamilton developed
the Program Evaluation and Review Technique
(PERT), which models uncertainty in project
management
3
, Importance of Project Management
Project management effectively controls
organizational change, allowing organizations
to introduce new products, new processes,
and new programs effectively.
Projects are becoming more complex,
making them more difficult to control without
a formal management structure.
Projects with substantially different
characteristics, especially in IT, are
emerging.
Project management helps cross-functional
teams to become more effective. 4