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Share 'Steps Involved in Developing Network (ME)
Share 'Steps Involved in Developing Network (ME)
Share 'Steps Involved in Developing Network (ME)
NETWORKS
• Identify Activities And Milestones
The tasks required to complete the project, and the events that mark the beginning
and end of each activity, are listed in a table.
• Determine the proper sequence of the activities
• The activities must be performed in a sequential manner which in turn help the
project team work more efficiently.
Construct a Network diagram
Project managers can determine the precise cost and time required to complete a
project.
Help to set priorities among activities and resource allocation as per priority.
Limitations Of PERT And CPM
PERT and CPM work best when you're tackling a project that you understand well.
The probability distribution of total time is assumed to be normal which in real life
situations may not be true.