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Application of PERT Network Analysis

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Application of PERT Network Analysis
Grace has just graduated from college with a degree in business administration and is totally overwhelmed by her first job. When she was in school, she could work on projects one at a time, and now she finds that she must juggle several projects with multiple activities. Grace is amazed that her supervisor, Linda, seems to have everything planned in a neat flowchart. Linda's current project is to oversee the construction of an office building, and Grace is determined to understand all of the actions that must take place, the major activities, and potential problems so she can be proactive.
-As Grace uses Gantt charts, load charts, and PERT network analysis charts on several of her projects, she notices that they have one thing in common, that


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Industrywide Liability

A legal theory holding all companies within an industry responsible for harm caused by hazardous products or practices, regardless of individual culpability.

Manufacturing

The process of converting raw materials, components, or parts into finished goods through the use of equipment, human labor, and machinery.

Harmful Product

A product that can cause injury, health issues, or detrimental effects to consumers due to its nature, design, or manufacturing.

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