Assignment Project Management and Quiz based on Chapter 12

The sole aim of developing these techniques was to improve the management of the projects. PERT is referred to as a probabilistic technique whereas CPM can be termed as deterministic technique. Both of these techniques had similar approaches but differed in the manner of estimating activity times. For each PERT action, estimates are amalgamated thrice in order to settle on the potential activity completion period. On the other hand, in the case of CPM it is supposition is that the times are identified by assurance.