Research
According
to punmia and khandelwal PERT chart is the network technique of project
planning. PERT stands for programme evaluation and rewiew techniques. This
method basically develop for NAVY project purposes in 1956. PERT charts use to
show oder of the process and activities.
(Punmia B.C., Khandelwal K.K., n.d)
Elements of the PERT chart
·
Activity
·
Event
(Punmia B.C., Khandelwal K.K., n.d)
According to Mukhopadhyay a network model that allows for randomness in
activity completion times.
PERT planning involves the following
steps:
- Identify the specific
activities and milestones.
- Determine the proper sequence
of the activities.
- Construct a network diagram.
- Estimate the time required for
each activity.
- Determine the critical path.
- Update the PERT chart as the
project progresses.
(Mukhopadhyay.I,
2012)
Analysis
According
to Mukhopadhyay there are many advantages of creating PERT charts.
- Expected project completion
time.
- Probability of completion
before a specified date.
- The critical path activities
that directly impact the completion time.
- The activities that have slack
time and that can lend resources to critical path activities.
- Activity start and end dates.
(Mukhopadhyay.I, 2012)
Conclusion
According
to Mukhopadhyay he shows the process of
creating PERT chart. All areas of the project will be covered through this PERT
chart method such as cost, time and activities ect. Main advantage of this PERT
is showing the path of the project. It is very useful to project team because they
can work according to that path.
References
·
Mukhopadhyay.I, 2012, PERT Important Points [online],
Available at: http://imukhopadhyay.blogspot.com/2012/04/pert-important-points.html
[Acessed on 22nd April 2012]
·
Punmia B.C., Khandelwal K.K.,
n.d, Project planning and control with
PERT and CPM [pdf] Available at: http://books.google.lk/books?id=wtwMj_wnvgEC&printsec=frontcover&dq=PERT&hl=en&sa=X&ei=zweVT4yzAYyurAeA1dWbBQ&redir_esc=y#v=onepage&q=PERT&f=false [Acessed on 22nd April 2012]