Following the DATA step, PROC CPM is invoked to produce the schedule plotted on a Gantt chart in Output 2.21.1. The E_FINISH time for the final activity in the project contains the mean project ...

PERT and CPM are both methods for predicting the cost and completion time of projects. PERT is usually concerned just with the time taken, while CPM looks at cost/time tradeoffs. PERT and CPM belong ...