PERT CHART

Before any activity begins related to the work of a project, every project requires an advanced, accurate time estimate. Without an accurate estimate, no project can be completed within the budget and the target completion date.

Developing an estimate is a complex task. If the project is large and has many stakeholders, things can be more complex.

Therefore, there have been many initiatives to come up with different techniques for estimation phase of the project in order to make the estimation more accurate.

PERT (Program Evaluation and Review Technique) is one of the successful and proven methods among the many other techniques, such as, CPM, Function Point Counting, Top-Down Estimating, WAVE, etc.

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