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PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). The program evaluation and review technique ( PERT ) is a statistical tool used in project management , which was designed to analyze and represent the tasks involved in completing a given project .
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). X-Pert supports the full cycle of project management – through multi-level work breakdown structure creation, transition to multiple projects using critical path diagrams and Gantt chart presentation.
PERT chart for a project with five milestones (10 through 50) and six activities (A through F). The project has two critical paths: activities B and C, or A, D, and F – giving a minimum project time of 7 months with fast tracking. Activity E is sub-critical, and has a float of 1 month.
The Gantt chart: Still accepted as an important management tool today, the Gantt chart is a graphical format that is used for the planning, scheduling, and controlling of work, including recording the progress of a project and its stages. The chart has a modern variation, Program Evaluation and Review Technique (PERT).
[2] [3] The PERT distribution is widely used in risk analysis [4] to represent the uncertainty of the value of some quantity where one is relying on subjective estimates, because the three parameters defining the distribution are intuitive to the estimator. The PERT distribution is featured in most simulation software tools.
The first structured method for documenting process flow, the flow process chart, was introduced by Frank Gilbreth to members of American Society of Mechanical Engineers (ASME) in 1921 as the presentation “Process Charts—First Steps in Finding the One Best Way”. [5] Gilbreth's tools quickly found their way into industrial engineering ...
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