Professional Documents
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Advantages of PERT –
Disadvantages of PERT –
Advantages of CPM –
CPM figures out the activities that can run parallel to each other. It helps the
project manager in identifying the most critical elements of the project.
CPM gives a practical and disciplined base which helps in determining how to
reach the objectives.
CPM is effective in new project management. It can strengthen a team’s
perception if it is applied properly.
CPM provides a demonstration of dependencies which helps in the
scheduling of individual activities. It shows the activities and their outcomes as
a network diagram.
CPM gives a fair and concise procedure of documenting of project. It helps in
determining the slack time.
An explicit and clear approach of communicating project plans, schedules,
time, and cost performance is developed.
CPM is extensively used in the industry. It helps in optimization by
determining the project duration.
Disadvantages of CPM –
There are already plenty of available software applications for PERT CPM.
- Program inputs include the activities, their immediate predecessors,
and expected activity time.
- This program can easily be modified and can quickly determine the
effect of each modification to the activity schedule and the expected
time required to complete the project.
Example Software:
Project Manager
https://www.projectmanager.com/
Wrike
https://www.wrike.com/
Microsoft Project
https://www.microsoft.com/