Zoe Hansen / Investopedia A program evaluation review technique (PERT) chart is a graphical representation of a project's timeline that displays all of the individual tasks necessary to complete ...

Output 2.21.1: PERT Statistical Estimates: Gantt Chart However, when the activity durations are random variables, each path of the project network is a likely candidate to be the critical path. Every ...

PERT and CPM are both methods for predicting the cost and completion time of projects. PERT is usually concerned just with the time taken, while CPM looks at cost/time tradeoffs. PERT and CPM belong ...