Abbreviate PERT - Planning and Managing the Project - Program Evolution & Review Technique

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• Nirja Shah   -Posted on 13 Oct 15
  - The program (or project) evaluation and review technique, commonly abbreviated PERT, is a statistical mathematics tool, used in General project management, which was designed to analyze and represent the tasks involved in completing a given project.
  
  - First developed by the United States Navy in the 1950s, it is commonly used in conjunction with the critical path method (CPM), in U.S. Navy original year 1950 The "mathematics matrix is PERT table" ( Operation, Prepared - operation, Time) evoluation`s - Vectorial - Program in Quantitatives Matrixes.
  
  - PERT is a method to analyze the involved tasks in completing a given project, especially the time needed to complete each task, and to identify the minimum time needed to complete the total project.
  
  - It was developed primarily to simplify the planning and scheduling of large and complex projects.
  
  - It was developed for the U.S. Navy Special Projects Office in 1957 to support the U.S. Navy's Polaris nuclear submarine project.
  
  - It was able to incorporate uncertainty by making it possible to schedule a project while not knowing precisely the details and durations of all the activities.
  
  - It is more of an event-oriented technique rather than start- and completion-oriented, and is used more in projects where time is the major factor rather than cost.
  
  - It is applied to very large-scale, one-time, complex, non-routine infrastructure and Research and Development projects.
  
  - An example of this was for the 1968 Winter Olympics in Grenoble which applied PERT from 1965 until the opening of the 1968 Games.
  
  - This project model was the first of its kind, a revival for scientific management, founded by Frederick Taylor (Taylorism) and later refined by Henry Ford (Fordism).
  
  - DuPont's critical path method was invented at roughly the same time as 'PERT'.

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