PERT: Definition, PERT Formula, PERT Chart, Technique & Example

PERT: Definition, PERT Formula, PERT Chart, Technique & Example

Schedule baseline and cost baseline are the two most important performance measurement baselines for any project. Cost baseline helps you assess the cost performance of the project, while the schedule baseline involves the duration.

Clients are very interested in the schedule because any delay can affect their business. So, project managers should give schedule development a top priority.

Developing a schedule is a big task and requires a thorough knowledge of schedule network diagramming techniques and experience.