“…Some of the more well-known formal expert-based prospective techniques include PERT (Dodin & Elmaghraby, 1985;Lootsma, 1988), GERT (Seyedghasemipour, 1987), and Critical Path Method (Arsham, 1993). These approaches tend to be more applicable to optimizing project management, where the component technologies, and desired end targets and schedules, are fairly well understood.…”