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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.
The critical path method (CPM), or critical path analysis (CPA), is an algorithm for scheduling a set of project activities. [1] A critical path is determined by identifying the longest stretch of dependent activities and measuring the time [ 2 ] required to complete them from start to finish.
Critical path drag is a project management metric used to schedule analysis and compression in the critical path method of scheduling. Drag cost is the reduction in the expected return on investment for a project due to an activity's or constraint's critical path drag. It is often used to justify additional resources that cost less than the ...
It's much less popular than PERT (Program Evaluation and Review Technique) or CPM (Critical Path Method) however, it allows some of those methods limitations to be addressed. The main limitations of PERT or CPM that might be addressed by GERT are: there are no alternative paths - all activities have to be performed