2/22/24, 2:00 PM Top 5 Difference Between PERT and CPM
Commerce (/commerce/) > Diff. Between In Commerce (/commerce/difference-between-in-commerce/) > Difference
Between Pert And Cpm (/commerce/difference-between-pert-and-cpm/)
What is the Difference Between PERT and CPM
Project management can be defined as a structural way of planning, scheduling, executing,
monitoring and controlling various phases of a project. To achieve the end goal of a project on
time, PERT and CPM are two project management techniques that every management should
implement. These techniques help in displaying the progress and series of actions and events of a
project.
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Meaning of PERT
Program (Project) Evaluation and Review Technique (PERT) is an activity to understand the
planning, arranging, scheduling, coordinating and governing of a project. This program helps to
understand the technique of a study taken to complete a project, identify the least and minimum
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2/22/24, 2:00 PM Top 5 Difference Between PERT and CPM
time taken to complete the whole project. PERT was developed in the 1950s, with the aim of the
cost and time of a project.
Meaning of CPM
Critical Path Method or CPM is a well-known project modelling technique in project management.
It is a resource utilising algorithm that was developed in the 1950s by James Kelly and Morgan
Walker.
CPM is mainly used in projects to determine critical as well as non-critical tasks that will help in
preventing conflicts and reduce bottlenecks.
In essence, CPM is about choosing the path in a project that will help in calculating the least
amount of time that is required to complete a task with the least amount of wastage.
The Critical Path Method or CPM has been used in many industries starting from defence,
construction, software, aerospace, etc.
PERT vs CPM
Abbreviation
PERT – Project Evaluation and Review Technique CPM – Critical Path Method
What does It Mean?
PERT – PERT is a popular project management CPM – CPM is a statistical algorithm which
technique that is applicable when the time has a certain start and end time for a
required to finish a project is not certain project
Model Type
PERT – PERT is a probabilistic model CPM – CPM is a deterministic model
Focus
PERT – The main focus of PERT is to minimise the CPM – The main focus ofGot
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time required for completion of the project trade-off between cost and time, with a
major emphasis on cost-cutting.
Orientation type
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2/22/24, 2:00 PM Top 5 Difference Between PERT and CPM
PERT – PERT is an event-oriented technique CPM – CPM is an activity-oriented
technique
PERT Example
Advantages of CPM
Provides an outline for long term coordination and planning of a project
Recognizes critical activities
Easy to plan, schedule and control project
It improves productivity
Manages the resource needed
Disadvantages of CPM
For beginners its difficult to understand
Software too expensive
Sometimes, to structure CPM is too time-consuming
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It cannot control and form the schedule of a person involved in the project
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Allocation of resources cannot be monitored properly
CPM Example
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How to Make a PERT Chart?
To prepare a PERT Chart, the following steps need to be followed.
Recognize particular projects and milestones.
Decide the precise sequence of the project.
Create a network diagram.
Determine the time needed for each project activity.
Manage the critical path.
Update the PERT chart as the project progresses.
CPM in Project Management
The Critical Path Method in project management is a step-by-step technique used in the planning
process that explains the critical and non-critical activities of a project. CPM goals are to check
time-bound issues and process that causes blockage in the project. The CPM is preferably
applicable to projects that involve various activities that are associated with a complex method.
Once CPM is applied, it will help you keep your projects on track.
Helps you recognize the action that needs to be performed on time so that the whole project
is completed on time.
Indicates which responsibilities can be delayed and for how long without affecting the
overall project plan.
Determines the least amount of time it will take to accomplish the Hi there! Got any questions?
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Tells you the newest and latest time each activity can start on in order to manage the
schedule.
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2/22/24, 2:00 PM Top 5 Difference Between PERT and CPM
The term of each action is listed above each joint in the diagram. For an individual path, insert the
duration of each node to ascertain the total duration. The critical path is the one that has the
longest duration.
The above mentioned concept ‘PERT vs CPM’ is elucidated in detail for Commerce students. To
know more, stay tuned to BYJU’S.
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