Programme Evaluation Review Technique (PERT)
PERT
Description also available in video format (attached below), for better experience use your desktop.
Introduction
- PERT
is a project management tool used to schedule, organize, and coordinate
tasks within a project.
- Developed
in the 1950s by the U.S. Navy for the Polaris missile program.
- It
is particularly useful for projects where time is the critical factor
and activity durations are uncertain.
Objectives
- Plan
and control large projects effectively.
- Identify
the critical path to know which tasks affect
project duration.
- Estimate
minimum time needed to complete a project.
- Monitor
project progress and update timelines dynamically.
Key Concepts
Term |
Meaning |
Activity |
Task/job that consumes time and resources |
Event (Node) |
Milestone marking the start or end of activities |
Network |
Diagram representing sequence and dependencies of
activities |
Slack/Float |
Amount of time an activity can be delayed without
delaying the project |
Critical Path |
Longest duration path through the network |
Critical Activities |
Activities with zero slack – any delay here delays
the entire project |
Time Estimation
Each activity has three time estimates
Estimate Type |
Symbol |
Description |
Optimistic Time |
(O) |
Minimum possible time required, assuming everything
goes well |
Most Likely Time |
(M) |
Best estimate under normal conditions |
Pessimistic Time |
(P) |
Maximum time required, assuming worst-case scenario |
🧮 Expected
Time (TE)
TE=(O+4M+P) /6
Steps
- Identify
the project and activities involved.
- Determine
sequence and dependencies among activities.
- Draw
the network diagram.
- Estimate
time using the O, M, P for each activity.
- Calculate
TE and variance for each activity.
- Find
the Critical Path – the sequence with the longest
time (TE).
- Update and monitor progress regularly.
Critical Path Method (CPM) vs PERT
Aspect |
PERT |
CPM |
Time Estimates |
Probabilistic (O, M, P) |
Deterministic (fixed time) |
Focus |
Time |
Time and cost |
Suitable For |
R&D, new/complex projects |
Construction, manufacturing |
Flexibility |
High uncertainty |
Low uncertainty |
Advantages
- Handles
uncertainty in project scheduling.
- Provides
realistic time estimates.
- Identifies
critical activities for better monitoring.
- Aids
in effective resource allocation.
- Useful
for large and complex projects.
Limitations
- Can
be time-consuming and complex for large networks.
- Assumes
independence between activities.
- Less
effective when time estimates are highly subjective.
- No
focus on cost; time-centric only.
Applications
- Hospital
planning & equipment procurement
- Healthcare
facility construction projects
- Software
development
- R&D
projects
- Defense
and aerospace projects
Video
Description
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