Question
Download Solution PDFWhich of the following statement is correct regarding PERT in construction management?
I. PERT is a network planning models
II. PERT is named as program evaluation and review technique
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation:
To determine which of the statements regarding PERT in construction management is correct, we need to evaluate each statement:
Statement I:
PERT is a network planning model.
- This statement is correct. PERT (Program Evaluation and Review Technique) is indeed a network planning model used for project management. It is a method to analyze the tasks involved in completing a given project, especially the time needed to complete each task and identifying the minimum time needed to complete the total project.
Statement II:
PERT is named as program evaluation and review technique.
- This statement is also correct. PERT stands for Program Evaluation and Review Technique. It was developed in the 1950s by the U.S. Navy to manage the Polaris submarine missile program.
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