Pert Chart (Program Evaluation and Review Technique)

a network model that allows for randomness in activity completion times

has the potential to reduce both the time and cost required to complete a project.
originally was an activity on arc network, in which the activities are represented on
the lines and milestones on the nodes. Over time, some people began to use PERT
as an activity on node network.
may have multiple pages with many sub-tasks

Critical Path Method (CPM)

developed as a network model for project management

a deterministic method that uses a fixed time estimate for each activity

While CPM is easy to understand and use, it does not consider the time variations
that can have a great impact on the completion time of a complex project.

the activities which have to be completed on time, and if they are not the whole of
the project is put in jeopardy.

Network Diagram
Activity - task that must be performed
Event - a milestone marking the completion of one or more activities

Feature Priority
Value

40

60

80

100

Activity

H. Admin

F. View Sales

C. View

B. Add new

Login 7 D

Reports 7 D

Inventory

arrival - 14 D

Reports - 14 D
I. Final
Presentation 7

G. Transfer
Item 7 D

E. Stock
Quantity
Notification - 14

D. Add sales 14 D

D
A. Planning &
Design - 14 D
Timeline & Milestones
Activity

Period

Duration

Planning

October 5 28

2 Weeks

Sprint 1
- Add New Arrival
- View Inventory
Reports

October 29 November 26

4 Weeks
14 D
14 D
14 D
14 D

- Add Sales
- Stock Quantity
Notification
Sprint 2
- View Sales Reports
- Transfer Item
- Admin Login

November 27 December
11

2
7
7
7

Weeks
D
D
D

Final Presentation

December 12 19

1 Week

References
http://www.netmba.com/operations/project/pert/
http://creately.com/blog/diagrams/critical-path-method-projects/