The PERT (Program Evaluation and Review Technique) is an estimation method that uses a weighted average of three figures to estimate project tasks. It is particularly useful for planning and controlling large projects, especially critical ones, where traditional forecasting methods may fall short. PERT introduces activities and approaches that differ from those used in past estimating techniques.

1. How does PERT technique compare with estimating or forecasting techniques you have used in
the past?
Solution
PERT:- It stands for Program Evaluation and Review Technique. It is an estimation method that
utilizes the weighted-average of three figures to establish an approximation of the tasks
necessary to complete in a project. In case of critical projects we need some methods that can
help us to successful completion of the project. PERT is a program network analysis method
which is used to plan and control large projects. Some of the activities that we are doing in PERT
which has not been done in past.