Advantages of PERT/CPM
The following are the advantages of PERT/CPM:
- Thorough Analysis: PERT/CPM encourages managers to conduct a comprehensive analysis of all factors that can impact project completion. Proactively identifying potential obstacles, uncertainties, and inefficiencies, allows for effective planning and eliminates surprises along the way.
- Predictive Capability: PERT/CPM serves as a valuable predictive tool for assessing the impact of schedule changes. By analyzing the network diagram, project managers can identify potential trouble spots in advance, enabling them to take preventive measures and mitigate risks effectively.
- Focus on Critical Activities: PERT/CPM directs attention to critical activities where it is most beneficial to allocate resources or expedite progress. This approach allows for efficient resource management and effective prioritization of key tasks, ensuring that project objectives are met.
- Continuous Review and Adaptation: PERT/CPM emphasizes the importance of ongoing review and updates based on feedback from all project levels. This promotes a culture of vigilance and adaptability, enabling timely adjustments to address emerging challenges and ensure project success.
- Enhanced Collaboration and Communication: PERT/CPM fosters collaboration among different departments involved in the project. By visually representing task relationships and responsibilities, it facilitates improved communication, coordination, and cooperation among team members, leading to better project outcomes.
- Clarity of Individual Roles: PERT/CPM provides individuals with a clear understanding of their roles and responsibilities within the project. Each team member can easily identify their specific tasks and how their contributions align with the project’s objectives, promoting a sense of ownership and accountability.
Techniques of Control- PERT and CPM
Techniques of control are vital for effective management and achieving organisational goals. These techniques include financial control, quality control, inventory control, process control, strategic control, and personnel control. They involve managing financial resources, ensuring product/service quality, optimizing inventory levels, enhancing operational efficiency, aligning with strategic goals, and evaluating employee performance. By employing these control techniques, businesses can maintain quality, efficiency, and profitability for long-term success.