STUDY OF METHODS FOR EVALUATION OF THE PERT/COST MANAGEMENT SYSTEM
Technical documentary rept.
MITRE CORP BEDFORD MA
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An investigation was made of the question of how to evaluate the design of the PERTCOST management system. Four different approaches have been considered. The document presents the results of such effort. The general conclusion is that there is no single, simple straightforward way of deriving value judgments as to the PERTCOST system design, or probably any other general purpose management system for that matter. Because of the unavailability of comparable cases and the lack of significant quantities of cases for statistical techniques, no scientifically recognized techniques, which exclude judgment on the part of the observer, appear possible. Furthermore, due to the interrelationships between a management system and the quality of its implementation operation including the capability of managers who use it, assessment of the value of the management system alone presents serious difficulties of both a theoretical and practical nature. Subjective evaluation by use of carefully prepared questionnaires appears to be the only feasible approach at this time.
- Administration and Management
- Operations Research
- Economics and Cost Analysis