This article will help you to learn about the difference between PERT and CPM. Difference between PERT and CPM PERT 1. A probabilistic model with uncertainty A deterministic model with well-known activity in activity duration. Expected time is (single) times based upon past experience, calculated from to, tm and tp. 2. An event-oriented approach. 3. PERT terminology uses words like [...]
After reading this article you will learn about:- 1. Meaning of CPM 2. Steps Involved in CPM Technique 3. Example. Meaning of CPM: CPM is applicable to both large and small projects, taking from space programmes to wedding or horse shows. It is widely recognized and is the most versatile and potent management planning technique. CPM is a technique, used [...]
After reading this article you will learn about:- 1. Meaning of Programme Evaluation Review Technique (PERT) 2. Steps Involved in PERT Planning Techniques 3. Example. Meaning of Programme Evaluation Review Technique (PERT): PERT was first used in 1957 as a method of planning and controlling the Polaris Missiles Programme by Booz, Allen and Hamilton together with U.S. Naval department. The [...]