Most enterprises find it both practical and convenient to do most of their work in segments or projects. Any project comprises a series of related jobs that are usually directed towards some major output. It requires an extensive period of time to perform and is coupled with the consumption of resources. For most projects, the primary scheduling task is co-ordinating resources-to assure that they are where they are needed, when they are needed. Of importance to project managers are the 3-M’s namely, men, minutes and money. Till a few years ago, there was no generally accepted formal procedure to aid in the management of projects. The Gantt (Bar) chart was the most popular technique known till then. With bigger, complex and complicated projects, the technique wilted under pressure to permit the entry of network techniques, out of which the twin techniques, PERT and CPM, are the most successful and are in popular use. These techniques along with their analysis are now fairly widespread and is used by most companies and governments in western countries. Presently, it is catching on in India also. The present paper is the result of one such case-study undertaken by the author for his post-graduate thesis work.