PERT Network Notes: Definitions & Explanations PDF | Download eBooks
Study PERT Network lecture notes PDF with strategic management definitions and explanation to study What is PERT Network?. Study pert network explanation with strategic management terms to review strategic management course for online MBA programs.
PERT Network Definition:
A flowchart diagram showing the sequence of activities needed to complete a project and the time or cost associated with each.
Management by Stephen P. Robbins, Mary A. Coulter
PERT Network Notes:
A PERT diagram is a venture the executives apparatus used to plan, arrange, and facilitate assignments inside a task. Perky represents Program Evaluation Review Technique, a procedure created by the U.S. Naval force during the 1950s to deal with the Polaris submarine rocket program. A PERT outline displays a realistic delineation of a venture as a system chart comprising of numbered hubs (either circles or square shapes) speaking to occasions, or achievements in the undertaking connected by marked vectors (directional lines) speaking to errands in the task. The heading of the bolts on the lines shows the arrangement of assignments. The PERT graph is in some cases favored over the Gantt diagram, another mainstream venture the executives outlining technique, since it unmistakably shows task conditions. Then again, the PERT diagram can be substantially more hard to decipher, particularly on complex undertakings. Every now and again, venture chiefs utilize the two strategies.
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