The document discusses Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM) project management tools. PERT and CPM were developed in the 1950s to help schedule, monitor, and control complex projects. PERT uses three time estimates for each activity, while CPM uses a single time estimate. The six basic steps for using PERT and CPM are outlined, including defining the project, determining activity relationships, creating a network diagram, estimating activity times/costs, identifying the critical path, and using the network for project planning and control. An example of applying PERT to a project is provided.