BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Programme Evaluation and Research Techniques
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Project Evaluation and Review Techniques.
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Programme Evaluation and Review Techniques.
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Project Evaluation and Research Techniques.
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Detailed explanation-1: -PERT stands for Program Evaluation Review Technique, a methodology developed by the U.S. Navy in the 1950s to manage the Polaris submarine missile program. A similar methodology, the critical path method (CPM) was developed for project management in the private sector at about the same time.
Detailed explanation-2: -A PERT chart is a visual project management tool used to map out and track the tasks and timelines. The name PERT is an acronym for Project (or Program) Evaluation and Review Technique.
Detailed explanation-3: -Concept: PERT stands for “Programme Evaluation and Review Technique".
Detailed explanation-4: -A program evaluation review technique (PERT) chart is a graphical representation of a project’s timeline that displays all of the individual tasks necessary to complete the project. As a project management tool, the PERT chart is often preferred to the Gantt chart because it identifies task dependencies.
Detailed explanation-5: -Program Evaluation and Review Technique (PERT) is a method used to examine the tasks in a schedule and determine a Critical Path Method variation (CPM). It analyzes the time required to complete each task and its associated dependencies to determine the minimum time to complete a project.