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Compare the main strengths and weaknesses of the Gantt chart and PERT for project management, and...

Compare the main strengths and weaknesses of the Gantt chart and PERT for project management, and give your opinion on which you believe is the most effective for project management.

Solutions

Expert Solution

Gantt Chart: It was invented by Henry Gantt. It is useful to monitor the project from start to finish. Gantt Chart displays each task over time so that task completion can be monitored.

STRENGTHS OF GNATT CHART

WEAKNESS OF OF GNATT CHART

Gantt chart helps to visualize the task

It is a complex diagram and difficult to understand

Gantt chart helps to prevent gaps in the communication

It should be periodically updated

Gantt chart helps to track the project activities.

It is time-consuming

It helps to organize the thoughts

Size of the bar does not indicate the amount of work

Resource allocation would be easy

It cannot be visible on a single sheet of paper

Complex project activities can be easily done.

The complex diagram makes us confused sometimes

PERT: PERT stands for program evaluation and review technique. It was discovered by the American navy department. It consists of a network diagram. The network diagram illustrates the minimum time required to complete the project, network connections between each activity, and the risk involved in the project.

STRENGTHS OF PERT

WEAKNESS OF PERT

It helps to identify the time required to complete the project in advance

It estimates only the time required not the cost

It helps identify the path of the project

Errors in time estimation may result in the delay of the project

It helps to identify the problem in the project and take appropriate actions

Frequent update required

It helps to increase the efficiency

expensive

Opinion:

Gantt chart is more useful for smaller projects and PERT is useful for complex projects. Gantt chart precisely estimates the time required completing each activity; it helps to communicate effectively, easy, and straightforward.The gnatt chart more reliable over PERT.


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