Difference between CPM and PERT:
Sr. No.
|
CPM
|
PERT
|
1.
|
It stands for Critical
Path Method.
|
It stands for
Program Evaluation and Review Technique.
|
2.
|
Used to control
time and cost.
|
Used to control
Time
|
3.
|
Activity focused
technique
|
Event focused technique
|
4.
|
It is deterministic
model used where occurrence of all events is known with certainty.
|
It is probabilistic
model used where occurrence of events cannot perfectly predicted.
|
5.
|
Time required for
each activity is known and defined for project.
|
Time is not much
importance in this technique.
|
6.
|
It used for
comparatively small projects.
|
I used for larger
project.
|
7.
|
It uses single
time estimate for carrying out of activity.
|
It uses three time
estimate for carrying out of activity
|
8.
|
Suitable for
Construction projects.
|
Suitable for
Research and development,
Investigation,
Design.
|
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