Question

In project management, the term PERT stands for

• A. Project Execution and Resource Tracking
• B. Program Evaluation and Review Technique
• C. Project Estimation and Resource Timelines
• D. Program Execution and Resource Tracking

Hint:

\textbf{PERT} is a project management tool.
It stands for \textbf{Program Evaluation and Review Technique}.
Used for planning, scheduling, and managing complex projects, often involving uncertainty in activity durations.
Focuses on identifying the critical path and project duration.

Answer 1

The Correct Option is B

PERT is a widely used project management methodology. PERT stands for Program Evaluation and Review Technique. It was developed by the U.S. Navy in the 1950s for managing the Polaris missile project. PERT is a method used to analyze the tasks involved in completing a given project, especially the time needed to complete each task, and to identify the minimum time needed to complete the total project (critical path). It often uses probabilistic time estimates (optimistic, pessimistic, most likely) for activities, particularly for projects with uncertainty. It is often used in conjunction with the Critical Path Method (CPM). \[ \boxed{\text{Program Evaluation and Review Technique}} \]