Chapter 7 focuses on developing the project schedule and budget and introduces a number of project management tools for developing the project plan. After studying this chapter, you should understand and be able to:
Describe the Project Management Body of Knowledge (PMBOK®) area called project cost management.
Develop a Gantt chart.
Develop a project network diagram using a technique called activity on the node (AON) technique.
Identify a project's critical path and explain why it must be controlled and managed.
Develop a PERT diagram.
Describe the concept of precedence diagramming and identify finish-to-start, start-to-start, finish-to-finish, and start-to-finish activity relationships.
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