PERT chart - Definition,Features,Properties - Planning and Managing the Project

Discussion

• Nirja Shah   -Posted on 13 Oct 15
  Project Management Tools
  - The risk and uncertainty rises multifold with respect to the size of the project, even when the project is developed according to set methodologies.
  - There are tools available, which aid for effective project management. A few are described -
  
  Gantt Chart
  - Gantt charts was devised by Henry Gantt (1917).
  - It represents project schedule with respect to time periods.
  - It is a horizontal bar chart with bars representing activities and time scheduled for the project activities.
  
  PERT Chart
  - PERT (Program Evaluation & Review Technique) chart is a tool that depicts project as network diagram.
  - It is capable of graphically representing main events of project in both parallel and consecutive way.
  - Events, which occur one after another, show dependency of the later event over the previous one.
  - Events are shown as numbered nodes.
  - They are connected by labeled arrows depicting sequence of tasks in the project.

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