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PERT is used for managing the :

  • A.money management
  • B.time management
  • C.space management
  • D.self appraisal management

Answer: B

PERT is used for time management.

The Program Evaluation and Review Technique, developed in 1958 for the US Navy's Polaris missile project, plans a project as a network of activities and events. Each activity gets optimistic, most likely and pessimistic time estimates, giving an expected time:

\[ t_e = \frac{t_o + 4t_m + t_p}{6} \]

The longest path through the network, the critical path, shows the shortest time the project can take and which activities cannot slip. It is a scheduling tool, not a method for managing money, space or self-appraisal, though libraries use it to plan projects such as automation or a move.

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