What are the advantages of using PERT and CPM?

PERT

A method for project management, the Program Evaluation and Review Technique is utilized to plan, organize, and manage the tasks associated with a project.

CPM

Stands for Critical Path Method; a step-by-step project management technique for process planning that defines critical and non-critical tasks.

Elucidate the aims and procedures underlying the Program Evaluation and Review Technique (PERT), focusing on the methods for determining expected completion periods and variance assessments.
Differentiate the Critical Path Method (CPM) from PERT, detailing both their objectives and calculation techniques.

Verified Answer

Zybrea KnightJul 04, 2024

Final Answer :

The advantages include its usefulness for scheduling and controlling large projects, its straightforward concept, its graphical displays of relationships between activities, its critical path and slack time analysis, its ability to document processes, its wide range of applicability, and its usefulness in monitoring schedules and costs.

Learning Objectives

Elucidate the aims and procedures underlying the Program Evaluation and Review Technique (PERT), focusing on the methods for determining expected completion periods and variance assessments.
Differentiate the Critical Path Method (CPM) from PERT, detailing both their objectives and calculation techniques.

What are the advantages of using PERT and CPM?

Definitions

Learning Objectives

Learning Objectives

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