Program Evaluation And Review Technique (Pert) And Critical Path Analysis (Cpa)
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May 1, 2015
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A PERT diagram shows the relationship between simultaneous steps in a project, after critical path analysis PERT diagram can also be used to show the critical path.
CPA formally identifies tasks which must be completed on time for a project to be completed on time, which tasks have the option of been delayed and the minimum length of time needed to complete a project...
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If a company would require to accelerate a project, CPA analysis will help you to identify which project steps you should accelerate to complete the project within the available time. This helps you to minimize cost while still achieving your objective.
STEPS TAKEN TO CREATE A PERT DIAGRAM;
1. List the steps required in a project and the time required to complete each event
The formula below to calculate the estimated time for each project stage:
a + 4m + b
(a- Optimistic time, m- Normal time, b- Pessimistic time)...
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