Industrial Engineering and Production Management
An optimum project schedule implies

Timely execution of project
Lowest possible cost and shortest possible time for project
Optimum utilization of men, machines and materials
To produce best results under given constraints

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Industrial Engineering and Production Management
PERT

Provides a way for management to require that planning be done on a uniform and logical basis
Provides an approach for keeping planning up-to-date
Permits management to foresee quickly the impact of variations from the plan
All of the listed here

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Industrial Engineering and Production Management
Travel charts provide

An idea of the flow of materials at various stages
An approximate estimate of the handling which must be done at a particular station
The information for changes required in rearranging material handling equipment
A compact estimate of the handling which must be done between various work sections

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Industrial Engineering and Production Management
Work sampling is applied for

Estimating the percentage of the time consumed by various job activities
Estimation of the percentage utilization of machine tools
Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible
All of these

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