General Studies · Project Management

Identify the correct distinguishing features between Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM): 1. CPM is suited for projects with predictable, repetitive activities, whereas PERT is designed for uncertain, non-repetitive activities. 2. PERT utilizes a deterministic model relying on a single time estimate, while CPM uses a probabilistic model. 3. CPM is a method managing both time and cost control, while PERT primarily focuses on the planning and control of time. 4. The concept of 'crashing' (shortening project duration with the least additional cost) is traditionally built into PERT but not into CPM.