Programme Evaluation Review Technique (PERT)

PERT

Description also available in video format (attached below), for better experience use your desktop.

 

Introduction

  • Programme Evaluation Review Technique
  • It was developed by US Navy in 1950
  • It shows the time taken by each component of the project and total time required for its completion
  • It breaks down the project into
    • Events
    • Activity
    • Proper sequence & relationship between the events & activity
    • Duration
  • In simple words PERT is a statistical tool that is used in project management and which was designed to
    • Analyze and represent the tasks involved in completing a given project
    • Illustrate the flow of events in a project

Types

·       Activity on Arrow (AOA)

o   In the first variant the duration is denoted on arrow connecting diagram nodes

·       Activity on Node (AON)

o   The information about the task duration is denoted in the diagram node & each task is represented in the form of rrectangle with definite of fields

Need

·       Prediction of deliverables

·       Planning resource requirement

·       Controlling resource allocation

·       Internal programme review

·       Performance evaluation

·       Uniform wide acceptance

·       Reduction in cost

·       Saving time

Process

·       Identify the specific activity & events

·       Determine the proper sequence of the activities

·       Construct a network diagram

·       Estimate the time require for each activity

·       Determine the critical path

Advantages

·       Simple to use and understand

·       Helps to know whether the project is on schedule or not

·       Identify the activities that need closer attention

·       Determine the flexibility available with activities

·       Show potential risk with activities

·       Gives good documentation of the project activities

·       Helps to set the priorities among activities

·       Helps in resource allocation

Applications

·       Research & development

·       For developing, tooling and introducing a new project

·       To plan & execute the acquisition and installation of an electronic system

·       To develop various training programmes

·       Management development

·       Organizational planning

Limitations

·       It emphasis only on time and not on costs

·       Extensive

·       Difficult to estimate the accurate time for various activities

·       Unreliable as a control aid

·       Cannot solve all problems

Video Description

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