General Studies · Project Management (PERT & CPM)
Read the following statements regarding PERT and CPM: (1) PERT is probabilistic in nature and CPM is deterministic in nature. (2) PERT is event-oriented, whereas CPM is activity-oriented. (3) PERT focuses primarily on time element, while CPM puts strong emphasis on cost-time trade-off. (4) PERT is better suited for non-repetitive R&D projects, while CPM is suited for repetitive construction/production projects. Which of the statements given above are correct?
- 1(1), (2), (3), and (4)✓
- 2(1), (2), (3), and (4)
- 3(1), (3), and (4) only
- 4(1) and (4) only
Correct answer
(1), (2), (3), and (4)
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