Program Evaluation Review Technique (PERT) : Project Planning & Construction Management CE-3201
Program Evaluation Review Technique (PERT) : Project Planning & Construction Management CE-3201
Technique (PERT)
• PERT charts were first created by the U.S. Navy's Special Projects
Office in 1957 to guide the Polaris nuclear submarine project.
• A PERT chart uses circles or rectangles called nodes to represent
project events or milestones. These nodes are linked by vectors, or
lines, that represent various tasks.
• A PERT chart allows managers to evaluate the time and resources
necessary to manage a project.
How a PERT Chart Works
These charts have their distinct definitions and terms, the most important of which
anticipate how long it will take to finalize a project. "Optimistic time" refers to the
shortest duration. "Pessimistic time" is logically the longest it might take. The "most
likely time" indicates a reasonable estimate of the best-case scenario, whereas
"expected time" accounts for problems and obstacles.
Advantages and Disadvantages of
PERT Charts
A PERT chart is similar to a critical path analysis (CPA), which is another
method that project managers use to chart tasks in a project. The main
difference between the two is that a PERT chart uses various time frames and
probability terms when estimating each project stage. As a project management
tool, PERT charts offer some distinct advantages and disadvantages.
Advantages:
A PERT chart allows managers to evaluate the time and resources necessary to
manage a project.
This evaluation includes the ability to track required assets during any stage of
production in the course of the entire project.
PERT analysis incorporates data and information from multiple departments. This
combining of information encourages department responsibility and it identifies all
responsible parties across the organization. It also improves communication during
the project and it allows an organization to commit to projects that are relevant to
its strategic positioning.
PERT charts are deadline-focused and they might not fully communicate the financial
positioning of a project. Because a PERT chart is labor-intensive, the establishment
and maintenance of the information require additional time and resources. Continual
review of the information provided, as well as the prospective positioning of the
project, is required for a PERT chart to be valuable.
Real World Example of PERT
Charts
PERT charts were first created by the U.S. Navy's Special Projects Office in 1957 to
guide the Polaris Fleet Ballistic Missile project. Using the PERT model, Navy project
managers were able to evaluate the progress of their project, determine the validity
of schedules, and estimate the effects of proposed changes to established plans. 1
The success of this initial use of PERT charts has caused them to be used ever
since all over the world and in numerous industries.
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