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Question 65

Identify the correct option regarding PERT and CPM.

PERT and CPM are suitable for a situation which does not have a definite start and a definite end.

In CPM, duration of each activity is known with certainty where in PERT it assumes a probability distribution for the duration of each activity.

In CPM, time estimates are uncertain but in PERT duration of each activity is known with certainty.

PERT emphases both time and cost.

Correct Answer: B

In CPM (Critical Path Method), the duration of each activity is known with certainty, whereas in PERT (Program Evaluation Review Technique), it assumes a probability distribution for the duration of each activity. This makes option B the correct choice as it accurately describes the key difference between the two project management techniques.

Discussion

InvisibleBeing

I am confused!