There are four purposes of project scheduling. Firstly, it “shows the relationship of each activity to others and the whole project.” Secondly, it “identifies the precedence relationships among activities.” Thirdly, it “encourages the setting of realistic time and cost for each activity.” Fourthly, it “helps make better use of people, money, and material resources by identifying critical bottlenecks in the project.” These schedules are in reference to three project management techniques, which are the Gantt chart, Critical Path Method, and Program Evaluation and Review Technique. Given in the article, Setpoint was not a large company that managed higher-scaled projects. Bigger and more successful companies that manage projects like highways, dams, and office parks have more variables to encounter compared to a Setpoint. These project management teams utilize innovative software that allows them to stay on top of schedule. This is where the project scheduling techniques relate to bigger project management …show more content…
Per the lecture slides, this calls for the, “close monitoring of resources, costs, quality, and budgets.” Also, “feedback enables revising the project plan and shift resources.” Furthermore, “computerized tools produce extensive reports.” With these in mind, larger-scale project management teams work on highways, office parks, and locations in similar nature. From that perspective, it is critical to monitor your work and resources. Giving feedback allows for changes to be made and to properly allocate resources. Bigger project management teams are likely to use computerized tools to enhance the job and to increase efficiency. Tools like Program Evaluation and Review Technique (PERT) and the Critical Path Method (CPM) allow for focus on network. They consider the, “precedence relationships and interdependencies. Each tool uses a different estimate of activity times. Therefore with these tools, you can predict several outcomes. These outcomes being project completion, the critical activities, and if money is spend over, equally, or under