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Eduncle posted an MCQ
October 18, 2019 • 16:00 pm 0 points
  • UGC NET
  • Management

Read the following regarding PERT and CPM :

Read the following regarding PERT and CPM : (a) PERT is probabilistic in nature and CPM is deterministic in nature. (b) PERT is most suitable for new as well as old projects but CPM is of great value for projects that are repetitive. (c) PERT focuses primarily on time element and attaches lesser significance to the cost. On the contrary, the CPM puts strong emphasis on cost, (d) PERT is activity-oriented and CPM is event-oriented. Which one of the following options is most appropriate ?

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    Eduncle Best Answer

    PERT is a technique of planning and control of time. CPM is a method to control cost and time.
    PERT is Event-oriented while CPM is Activity-oriented.
    PERT is Probabilistic Model while CPM is Deterministic Model.

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