Critical Path Method (CPM)/ Program Evaluation and Review Technique (PERT) are the most sought after techniques in Project Planning and Scheduling. Stakeholders in any major project demand for CPM/PERT analysis to get convinced about the likely success of project. This course goes into the nuances of this powerful technique and helps project management professionals make use of it in gaining finer insight into the project. This course also discusses about how to use the CPM/PERT analysis for preparing Gantt Chant.
An interesting case has been included in exercise form that makes you apply these techniques in resource planning, resource allocation, prioritizing the activities and handling change in critical path. PERT CPM examples discussed in this course are easy to understand even for beginners.
A section has been added for Probabilistic models that help in evaluating and managing uncertainties. Risk is measured in terms of probability. This brings quantitative approach towards project risk management particularly related to time overrun.
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