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Agenda
Introduction
Techniques PERT & CPM Applications
Differences
Benefits Conclusion
Introduction
Network Analysis Technique of operations research Planning, scheduling and controlling Large and complex projects. Objective Schedule required activities efficiently Complete it on or before specific time limit Minimum cost.
PERT
PERT Program Evaluation & Review Technique Developed in 1956-58 by a research team Help in planning & scheduling of the US navys project which involved thousands of activities. Technique proved to be useful for all projects which have an element of uncertainty in the estimation of duration.
CPM
CPM Critical Path Method Developed by EI DuPont company along with Remington Rand corporation. Aim was to provide a technique for control of the maintenance of the cos plants. Use extended to cost & resource allocation.
Duration 4
6 2 5 2 7 4 1
A
B C D E F G H
Solution
E= 17 L= 17
E= 0 L= 0
E= 4 L= 4
E= 10 L= 10
D C
E= 24 L= 24
4
E= 12 E L= 12
7 6
E= 14 L= 14
E= 25 L= 25
25 weeks 19 weeks
Contd
Used for projects Used for projects
future projects.
Conclusion
Thus these techniques help in completion of projects
with no over-runs of time and cost. Permits utilization of networks for similar projects which results in faster planning.