Comparison Chart
| BASIS FOR COMPARISON | PERT | CPM |
|---|---|---|
| Meaning | PERT is a project management technique, used to manage uncertain activities of a project. | CPM is a statistical technique of project management that manages well-defined activities of a project. |
| What is it? | A technique of planning and control of time. | A method to control cost and time. |
| Orientation | Event-oriented | Activity-oriented |
| Evolution | Evolved as a Research & Development project | Evolved as Construction project |
| Model | Probabilistic Model | Deterministic Model |
| Focuses on | Time | Time-cost trade-off |
| Estimates | Three-time estimates | One time estimate |
| Appropriate for | High precision time estimate | Reasonable time estimate |
| Management of | Unpredictable Activities | Predictable activities |
| Nature of jobs | Non-repetitive nature | Repetitive nature |
| Critical and Non-critical activities | No differentiation | Differentiated |
| Suitable for | Research and Development Project | Non-research projects like civil construction, shipbuilding, etc. |
| Crashing concept | Not Applicable | Applicable |
The most important differences between PERT and CPM are provided below:
- PERT is a project management technique, whereby planning, scheduling, organising, coordinating and controlling uncertain activities are done. CPM is a statistical technique of project management in which planning, scheduling, organising, coordination and control of well-defined activities take place.
- PERT is a technique of planning and control of time. Unlike CPM, which is a method to control costs and time.
- While PERT is evolved as a research and development project, CPM evolved as a construction project.
- PERT is set according to events while CPM is aligned towards activities.
- A deterministic model is used in CPM. Conversely, PERT uses a probabilistic model.
- There are three times estimates in PERT, i.e. optimistic time (to), most likely time ™, pessimistic time (tp). On the other hand, there is only one estimate in CPM.
- PERT technique is best suited for a high precision time estimate, whereas CPM is appropriate for a reasonable time estimate.
- PERT deals with unpredictable activities, but CPM deals with predictable activities.
- PERT is used where the nature of the job is non-repetitive. In contrast to, CPM involves the job of repetitive nature.
- There is a demarcation between critical and non-critical activities in CPM, which is not in the case of PERT.
- PERT is best for research and development projects, but CPM is for non-research projects like construction projects.
- Crashing is a compression technique applied to CPM, to shorten the project duration, along with the least additional cost. The crashing concept is not applicable to PERT.