PERT Estimation Technique

 

A PERT chart is a project management tool used to schedule, organize, and coordinate tasks within a project. PERT stands for Program Evaluation Review Technique, a methodology developed by the U.S. Navy in the s to manage the Polaris submarine missile program.

Then, the total of all Es are taken. Then, standard deviation of the project is calculated. The pilot project was for developing Ballistic Missiles and there have been thousands of contractors involved. This equals to the square root of the variance V. At the core, PERT is all about management probabilities.

Introduction

The Program Evaluation and Review Technique (PERT) is an important step in project scheduling. PERT charts are a central part of any project management course.

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