LS0508: What kinds of decision-making situations may be analysed using PERT and CPM techniques? State the major similarities between PERT and CPM. Under what circumstances is CPM a better technique of project management than PERT? A construction company has received a contract to build an office complex. It has frequently engaged itself in constructing such buildings. Which of the two network techniques, PERT and CPM,

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Question: What kinds of decision-making situations may be analysed using PERT and CPM techniques? State the major similarities between PERT and CPM. Under what circumstances is CPM a better technique of project management than PERT? A construction company has received a contract to build an office complex. It has frequently engaged itself in constructing such buildings. Which of the two network techniques, PERT and CPM,
should in your opinion, be employed by the company? Why?


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