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Comparison Chart: Basis For Comparison Pert CPM

PERT is a project management technique used for managing uncertain activities through probabilistic modeling, focusing on time estimates for non-repetitive, unpredictable activities like research and development projects. CPM is a deterministic modeling technique that controls both time and cost for predictable activities through activity-oriented network planning, differentiating between critical and non-critical paths to allow for time-cost tradeoffs in construction and similar projects.

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Manjari Arasada
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36 views

Comparison Chart: Basis For Comparison Pert CPM

PERT is a project management technique used for managing uncertain activities through probabilistic modeling, focusing on time estimates for non-repetitive, unpredictable activities like research and development projects. CPM is a deterministic modeling technique that controls both time and cost for predictable activities through activity-oriented network planning, differentiating between critical and non-critical paths to allow for time-cost tradeoffs in construction and similar projects.

Uploaded by

Manjari Arasada
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Comparison Chart

Basis for
PERT CPM
Comparison
PERT is a project management CPM is a statistical technique of
Meaning technique, used to manage project management that manages
uncertain activities of a project. well defined activities of a project.
A technique of planning and
What is it? A method to control cost and time.
control of time.
Orientation Event-oriented Activity-oriented
Evolved as Research &
Evolution Evolved as Construction project
Development project
Model Probabilistic Model Deterministic Model
Focuses on Time Time-cost trade-off
Estimates Three time estimates One time estimate
Appropriate for High precision time estimate Reasonable time estimate
Management of Unpredictable Activities Predictable activities
Nature of jobs Non-repetitive nature Repetitive nature
Critical and Non-
No differentiation Differentiated
critical activities
Research and Development Non-research projects like civil
Suitable for
Project construction, ship building etc.
Crashing concept Not Applicable Applicable

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