Ad Code

Significance of PERT (Program Evaluation & Review Technique) & CPM (Critical Path Method) in Project Management

PERT (Program Evaluation & Review Technique) & CPM (Critical Path Method) are two popular project management network techniques widely used in construction, production and industrial management. The popularity of these network techniques in the project management is due to its significance in making project working easy.



The significance of using PERT and CPM in project management are:

1. Easy Understanding of Complex Project

  • The use of network diagrams using PERT or CPM helps to translate any complex project into set of simple and logically arranged activities. 
  • This would help project managers and team members to get clarity of thoughts and actions
  • This would also help to develop clear and unambiguous communication from top to bottom of the organization , to all the individual responsible for the execution of the project.

2. Detail Analyses of Project to Forecast Future

  • The project is analyzed in detail using PERT/CPM networks. This helps the project in-charge to find the probable future of the project.
  • The analysis helps to identify the possible difficulties and problems expected to arise during the course of the project
  • The analysis help reduce delays and hold-ups caused during the course of the project, which can also be minimized. Corrective action at required time can be taken.

3. Finding Important and Critical Activities

  • The network method helps identifies the activities that control the project completion and isolate it. 
  • This would help to have expeditious completion of the project.

4. Division of Responsibilities

PERT and CPM techniques divide responsibilities among the individuals and enhances effective coordination among the different levels of the organization.

5. Resource Planning




PERT and CPM helps to allocate resources in timely basis to the various activities so that optimal utilization of resources are achieved.

Also Read:

PERT and CPM - Objectives and Applications

Reactions

Post a Comment

0 Comments

Close Menu