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When were the critical path method and PERT developed?

AIn the 1850s
BIn the 1900s
CIn the 1950s
DIn the 1990s
Answer & Solution
Correct answer: C. In the 1950s
1. Managers controlling large projects need to monitor resources, costs, quality, and budgets at once. 2. They also need to see the interrelationships of the many tasks making up the project. 3. The critical path method and PERT were developed in the 1950s to help them do exactly that. 4. Both remain in use because the problem they solve, the need to revise scheduling and divert resources quickly, has not changed. _Source: OpenStax Introduction to Business (CC BY 4.0), Ch 10 "Achieving World-Class Operations Management", section The Big Picture: Critical Path Method and PERT_
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