That’s why Luthans and his associates started developing Psychological Capital. Their mission was to create a collection of positive capacities, several constructs from psychology, which are trainable and have significant effects on results, and so PsyCap was born.
Project Evaluation and Review Techniques is commonly abbreviated to PERT. PERT is a method of analyzing the tasks involved in completing a given project, especially the time needed to complete each task, and to identify the minimum time needed to complete the total project. It incorporates uncertainty by making it possible to schedule a project while not knowing precisely the details and of all the activities. It is more of an event-oriented technique rather than start- and completion-oriented, and is used
Central to the way you use PERT is the chart, which represents events and milestones within the project in a visual manner. Events within the process are identified via nodes (these can be either circles or rectangles) and they are linked together by lines and arrows called vectors, and it’s the vectors that determine the order in which the events need to take place.PERT comes with several terms that you need to understand to be able to properly utilize it:
The first step to scheduling the project is to determine the tasks that the project requires and the order in which they must be completed. The order may be to record for some tasks e.g.When building a house, the land must be graded before the foundation can be laid) while difficult for others (there are two areas that need to be graded, but there are only enough bulldozers to do one). Additionally, the time estimates usually reflect the normal, non-rushed time. Many times, the time required to execute the