PERT (Program Evaluation and Review Technique)

PERT, or Program Evaluation and Review Technique, is a project management tool used to plan and coordinate complex projects. It helps teams analyze the time required to complete each task, identify the minimum time needed to finish the entire project, and estimate the likelihood of meeting deadlines. PERT uses a visual chart to map out tasks, showing how they are interrelated. By considering optimistic, pessimistic, and most likely completion times, PERT allows project managers to better assess risks and allocate resources effectively, making it easier to keep projects on track and within budget.