After reading this article you will learn about:- 1. Meaning of Network Technique 2. Objectives of Network Analysis 3. Applications 4. Advantages 5. Limitations. Meaning of Network Technique: Network technique is a technique for planning, scheduling (programming) and controlling the progress of projects. This is very useful for projects which are complex in nature or where activities are subject to [...]
After reading this article you will learn about:- 1. Meaning of Critical Path Method (C.P.M.) 2. Language of Critical Path Method 3. Advantages. Meaning of Critical Path Method (C.P.M.): The use of this management technique of modern network systems has become very essential in the developing countries like India. This was developed in 1957 and is suitable for the construction [...]
After reading this article you will learn about:- 1. Meaning and Definition of Operation Research 2. Phases in Operation Research Study 3. Scope 4. Characteristics 5. Methodology 6. Models 7. Techniques 8. Applications 9. Limitations. Meaning and Definition of Operation Research: It is the method of analysis by which management receives aid for their decisions. Though the name of this [...]