The document discusses the Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT) for project planning and scheduling. CPM assumes deterministic activity durations while PERT uses three time estimates for probabilistic durations. The key steps are defining activities, creating a network diagram showing dependencies, and calculating earliest and latest start/finish times to identify the critical path and slack. Two examples demonstrate applying these concepts to sample projects by specifying activities, drawing the network, and constructing the time schedule table.