What are PERT & CPM

Question

What are PERT & CPM

Accepted Answer

PERT & CPM are project management techniques used to plan, schedule, and control complex projects.

PERT stands for Program Evaluation and Review Technique, while CPM stands for Critical Path Method.
PERT is used for projects with high uncertainty and risk, while CPM is used for projects with well-defined activities and timelines.
Both techniques involve breaking down a project into smaller tasks, estimating the time and resources required for each task, and creating a network diagram to visualize the project timeline.
CPM identifies the critical path, which is the sequence of tasks that must be completed on time in order to complete the project on schedule.
PERT uses three time estimates for each task: optimistic, pessimistic, and most likely, to calculate the expected duration of the project.
Both techniques are widely used in construction, engineering, and other industries to manage complex projects.

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