How Does PERT & CPM Work?. When taking on a complicated project, it's often hard for a business owner to visualize the schedule and risks. Using the Program Evaluation and Review Technique, or ...

CPM & PERT Weaknesses & Strengths. Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM) help managers to plan the timing of projects involving sequential activities.

PERT and CPM belong within Network Theory, a variety of mathematical analysis originating in electrical engineering, but applicable to problems in many other areas. PERT was first used by the U.S.

The Program Evaluation and Review Technique (PERT) is a widely used method for planning and coordinating large-scale projects. As Harold Kerzner explained in his book Project Management, “PERT ...

It then applies the Central Limit Theorem to the duration of this critical path and interprets the result as pertaining to the project duration. Output 2.21.1: PERT Statistical Estimates: Gantt Chart ...