Question

In: Operations Management

What is the impact of PERT and CPM on global manufacturing and service based organizations? Increasing...

What is the impact of PERT and CPM on global manufacturing and service based organizations?

  • Increasing Global Competition

Solutions

Expert Solution

Below is the impact of PERT and CPM on global manufacturing and service based organization.

  • CPM and PERT helps to map all the production activities an organization through which one can decide the time and resource required to perticular tasks.
  • CPM and PERT helps to identify the critical paths in any production or project activities through their network diagram.
  • CPM and PERT helps the organization to allocate the right number of resources to critical paths.
  • CPM and PERT have reduced the cycle time needed to accomplish the task. thereby orgnaization can supply their products early to market.
  • CPM and PERT methods in organization will reduced the potential business risk and threats.
  • Effective utilization of resources through CPM and PERT techniques.
  • CPM and PERT have given more customer satisfaction and quality work output.
  • CPM and PERT helps in supply management to procure the resources through easy and convenient ways.
  • CPM and PERT have enhances the sale thereby more profit to the company by reduce the errors and defects in the business operations.

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