CPM |
PERT |
CPM stands for Critical Path Method. |
PERT stands for Programme or Project Evaluation and Review Technique. |
It is a deterministic model. |
It is a probabilistic model. |
It deals with the activities of precise well-known time. |
It deals with the activities of uncertain time. |
It is activity oriented. |
It is event oriented. |
It is used for projects which are repetitive in nature. |
It is used for projects which are non-repetitive in nature. |
It is based on single time estimates. |
It is based on three time estimates i.e., optimistic time, pessimistic time, and most likely time. |
CPM can control both time and cost when planning. |
It is a tool for planning and control of time. |
It is used for construction projects. |
It is used in research and development projects. |
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