Significance of PERT & CPM 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 project management is due to their significance in making project works easy.
The project is analyzed in detail using PERT/CPM networks. This helps the project in charge to find the probable future of the project. This analysis helps to identify the possible difficulties and problems expected to arise during the course of the project.
The analysis also helps to minimize delays and hold-ups caused during the course of the project, which can also be minimized. Corrective action at the required time can be taken.
The network method helps identify the activities that control the project completion and isolate it.
This would help to have expeditious project completion.
PERT and CPM techniques divide responsibilities among the individuals and enhance effective coordination among the different levels of the organization.
PERT and CPM help to allocate resources on a timely basis to the various activities so that optimal utilization of resources is achieved.
Also Read On: Introduction to PERT in Construction Management
The popularity of these network techniques in project management is due to their significance in making project works easy.
This article outlines the major significance of using project management techniques, PERT, and CPM for effective work management.
1. Easy Understanding of Complex Project
The use of network diagrams using PERT or CPM helps to translate any complex project into a set of simple and logically arranged activities. It would help project managers and team members to get clarity of thoughts and actions.
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| Breaking Down Complex Projects into Simple Logical Activities |
PERT and CPM techniques facilitate clear and unambiguous communication from top to bottom of the organization, to all the individuals responsible for the execution of the project.
2. Detail Analyses of the 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. This analysis helps to identify the possible difficulties and problems expected to arise during the course of the project.
The analysis also helps to minimize delays and hold-ups caused during the course of the project, which can also be minimized. Corrective action at the required time can be taken.
3. Finding Important and Critical Activities
The network method helps identify the activities that control the project completion and isolate it.
This would help to have expeditious project completion.
4. Division of Responsibilities
PERT and CPM techniques divide responsibilities among the individuals and enhance effective coordination among the different levels of the organization.
5. Resource Planning
Also Read On: Introduction to PERT in Construction Management
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