The current PERT definition is "Program Evaluation and Review Technique." Created by the United States Navy after World War II, PERT has become a popular management strategy for handling large-scale, ...
PERT project management works by allowing project managers to identify project tasks, define three possible time estimates (optimistic, pessimistic and likely) and determine a project’s critical path, ...
Large, complex business projects require thousands of separate activities and can cost millions of dollars. With such high stakes, managing these projects poses a challenge to any large organization.