CPM is a statistical technique of project management that
PERT is a project management technique, used to manage manages well defined activities of a project. uncertain activities of a project. A method to control cost and time. A technique of planning and control of time. Activity-oriented Event-oriented Evolved as Construction project Evolved as Research & Development project Deterministic Model Probabilistic Model Time-cost trade-off Time One time estimate Three time estimates Reasonable time estimate
High precision time estimate Predictable activities
Unpredictable Activities Repetitive nature
Non-repetitive nature Differentiated
No differentiation Non-research projects like civil construction, ship building