The Evolution of Project Management

• Project management has followed a trend up the DBM steps

  • From MBR to MBM to MBO to MBV
  • Since the 1950s
  • See illustration on the next page
• Modern project management practice was born with the development of the classical scheduling techniques

  • Such as the Gantt Chart
  • PERT (Polaris Missile Project , 1955) and
  • CPM (developed by Dupont, 1957)

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