Tuesday, October 26, 2021

Project Management: CPM & PERT

 Critical path method (CPM) is a resource-utilization algorithm for scheduling a set of project activities. The essential technique for using CPM is to construct a model of the project that includes the following:


  • A list of all tasks required to complete the project
  • The dependencies between the tasks
  • The estimate of time (duration) that each activity will take to complete With this information, you can determine the critical path by identifying the longest stretch of dependent activities and measuring them from start to finish.
  • Once you’ve identified which activities are on the longest, or critical path, you can more easily discern which have total float, or can be delayed without making the project longer.

Program Evaluation Review Technique (PERT) is a project management planning tool used to calculate the amount of time it will take to realistically finish a project. ... PERT is similar to critical path in that they are both used to visualize the timeline and the work that must be done for a project. It can deal with non-dependent events also.



DIfference






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