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    Diff. B/W CPM & Pert

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    Shubham Goel
    CPM and PERT are project management techniques. CPM is suitable for projects with predictable activities like construction, uses a single time estimate, and allows trade-offs. PERT is suitable for unpredictable projects like research, uses multiple time estimates, and does not allow trade-offs. Both aim to complete projects faster and within budget but CPM is deterministic while PERT is probabilistic.

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    Diff. B/W CPM & Pert

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    Shubham Goel
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    CPM and PERT are project management techniques. CPM is suitable for projects with predictable activities like construction, uses a single time estimate, and allows trade-offs. PERT is suitable for unpredictable projects like research, uses multiple time estimates, and does not allow trade-offs. Both aim to complete projects faster and within budget but CPM is deterministic while PERT is probabilistic.

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    CONSTRUCTION MANAGEMENT

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    DIFF. B/W CPM & PERT

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    CPM and PERT are project management techniques. CPM is suitable for projects with predictable activities like construction, uses a single time estimate, and allows trade-offs. PERT is suitable for unpredictable projects like research, uses multiple time estimates, and does not allow trade-offs. Both aim to complete projects faster and within budget but CPM is deterministic while PERT is probabilistic.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    20 views2 pages

    Diff. B/W CPM & Pert

    Uploaded by

    Shubham Goel
    CPM and PERT are project management techniques. CPM is suitable for projects with predictable activities like construction, uses a single time estimate, and allows trade-offs. PERT is suitable for unpredictable projects like research, uses multiple time estimates, and does not allow trade-offs. Both aim to complete projects faster and within budget but CPM is deterministic while PERT is probabilistic.

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    © All Rights Reserved
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    Difference Between CPM and PERT

    • Categorized under Management | Difference Between CPM and PERT

    CPM vs PERT

    Project management is an important part of every business enterprise. Whenever a


    new product or service is launched; when embarking on a marketing campaign; or
    when organizing any new projects; project management is needed to make
    everything organized and successful.

    As all projects consume resources such as materials, time, people, and money;
    starting one would entail an effective project management team and the right
    techniques to accomplish them, especially those projects that are very complex ones.

    A complex project would normally encounter several delays and may surpass the
    budget allocated for it making a project very costly and which may lead to losses.
    While many techniques fail in solving these problems, there are two tools which
    have been proven to be effective. The two most effective and widely used techniques
    are the Program Evaluation and Review Technique (PERT) and the Critical Path
    Method (CPM).

    While both serve the same purpose, that is, the fast and effective completion of a
    project, they are different in many aspects such as the amount of time that they allow
    for each assignment.

    CPM is a technique that is used in projects that have predictable activities and tasks
    such as in construction projects. It allows project planners to decide which aspect of
    the project to reduce or increase when a trade-off is needed. It is a deterministic tool
    and provides an estimate on the cost and the amount of time to spend in order to
    complete the project. It allows planners to control both the time and cost of the
    project.

    PERT, on the other hand, is used in projects that have unpredictable tasks and
    activities such as in research and development projects. It utilizes three estimates of
    the time to complete the project: the most probable, the most promising, and the
    most unfavorable.
    It is a probabilistic tool using several estimates to determine the time completion of
    the project and to control the activities involved in the project so that it will be
    completed faster and at a lower cost.

    In projects that allow for a longer period of time for completion and which are
    difficult to estimate like in research, PERT is suitable; while in conventional projects
    with predictable activities and tasks, CPM is suitable.
    Summary:

    1.The Program Evaluation and Review Technique (PERT) is a project management


    technique or tool which is suitable for projects that have unpredictable activities
    while the Critical Path Method (CPM) is a project management tool which is suitable
    for projects that have predictable activities.
    2.CPM uses a single estimate for the time that a project can be completed while
    PERT uses three estimates for the time that it can be completed.
    3.CPM is a deterministic project management tool while PERT is a probabilistic
    project management tool.
    4.CPM allows project management planners to determine which aspect of the project
    to sacrifice when a trade-off is needed in order to complete the project while PERT
    does not.

    Read more: Difference Between CPM and PERT | Difference Between | CPM vs
    PERT http://www.differencebetween.net/business/management-
    business/difference-between-cpm-and-pert/#ixzz42rSeg2dF

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