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Discussion 4.1: Project Completion Time (PERT/CPM) Discuss three key aspects of PERT/CPM (from chapter 11). Use your own words, you may paraphrase, but this should be minimal. -How is PERT/CPM used in business strategy? -What are the benefits? -How would you use PERT/CPM in your current career?
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Discussion 4.1: Project Completion Time (PERT/CPM)
Discuss three key aspects of PERT/CPM (from chapter 11). Use your own words,
you may paraphrase, but this should be minimal.
The first
key aspects of the PERT/CPM is that the project activities are represented in a visual
network diagram showing the sequence of completion. The second aspect is PERT/CPM
identifies the preceding activities, dependent activities and the critical activities that must
be completed without delays. The sequence shows which activities must be completed to
start the next activities. The third aspect is the activities are represented by numbered
nodes and the arrows point to the next activity. The arrows have numbers which represent
the duration it takes to complete a task.
-How is PERT/CPM used in business strategy?
PERT/CPM is used in business strategies by managers to plan t...
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