What is PERT?

PERT, or Program Evaluation and Review Technique, is a project management tool to plan, evaluate, and control complicated projects. It was introduced in the 1950s by the US Navy for the Polaris Submarine Project. Its purpose is to analyze, review, and present the tasks of a project. 

It can also precisely calculate 3 major time estimates for the completion of a project; the shortest possible duration, the most probable duration, and the longest possible duration.

How does it work?

A PERT chart, created using software or Microsoft Excel, employs nodes represented by circles or rectangles to illustrate the tasks involved in a project. Each node is linked to another node, indicating the sequence in which the tasks should be performed.

Items on different task lines but at the same step of production are independent of each other. PERT charts are valuable assets for project managers as they not only give insights into time management but also help them determine the budget of the project.

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Conclusion:

PERT can be a beneficial aid in managing your projects. By breaking down tasks, estimating durations, and creating a detailed PERT chart, you can focus on critical areas of the project and easily manage the risks and uncertainties of the project. However, careful consideration and consistency in reviewing each task can save you from unexpected risks. Embrace PERT to ensure a perfect project.