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Understanding PERT in Project Management

PERT (Program Evaluation and Review Technique) is a project management method used when project completion times are uncertain, focusing on estimating the shortest overall project duration by identifying the longest path. It utilizes three time estimates for tasks: optimistic, pessimistic, and most likely, with a formula to calculate expected duration. PERT is a probabilistic, event-oriented model, contrasting with CPM (Critical Path Method), which is deterministic and activity-oriented, emphasizing cost over time.

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0% found this document useful (0 votes)
6 views5 pages

Understanding PERT in Project Management

PERT (Program Evaluation and Review Technique) is a project management method used when project completion times are uncertain, focusing on estimating the shortest overall project duration by identifying the longest path. It utilizes three time estimates for tasks: optimistic, pessimistic, and most likely, with a formula to calculate expected duration. PERT is a probabilistic, event-oriented model, contrasting with CPM (Critical Path Method), which is deterministic and activity-oriented, emphasizing cost over time.

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PERT (Program Evaluation and Review

Technique)
• ERT is a popular project management technique that is applicable when the time required to finish a project
is not certain.
• The objective is to find the longest path that will take the most time to complete in order to estimate the
shortest overall project duration. Time estimates can be calculated based on the following:

• Optimistic time (O): The minimum amount of time needed to accomplish a task.

• Pessimistic time (P): The maximum amount of time needed to accomplish a task.

• Most likely time (M): The best estimate of how long it will likely take to accomplish a task.

• The PERT formula to calculate the expected duration of a task and completion time:
Expected duration of a task = (O + (4 × M) + P) ÷ 6.
• It can be measured by minutes, hours, days, or even weeks.
Expected duration of a task = (O + (4 × M) + P) ÷ 6.

• Activity Predecessors O M P E
1-2 A - 6 9 12
1-3 B - 3 4 11
2-4 C A 2 5 14
3-4 D B 4 6 8
3-5 E B 1 1.5 5
2-6 F A 5 6 7
4-6 G C,D 7 8 15
5-6 H E 1 2 3
Abbreviation

PERT – Project Evaluation and Review Technique CPM – Critical Path Method

What does It Mean?

PERT – PERT is a popular project management technique that is CPM – CPM is a statistical algorithm which has a certain start
applicable when the time required to finish a project is not and end time for a project
certain

Model Type

PERT – PERT is a probabilistic model CPM – CPM is a deterministic model

Focus

PERT – The main focus of PERT is to minimise the time required CPM – The main focus of CPM is on a trade-off between cost
for completion of the project and time, with a major emphasis on cost-cutting.

Orientation type

PERT – PERT is an event-oriented technique CPM – CPM is an activity-oriented technique

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