Question: Explain why is CPM/PERT a popular and widely applied project scheduling technique? Which method for determining activity time estimates, deterministic or probabilistic, do you perceive

Explain why is CPM/PERT a popular and widely applied project scheduling technique?

Which method for determining activity time estimates, deterministic or probabilistic, do you perceive to be preferable? Explain.

Describe the limitations and disadvantages of CPM/PERT.

Discuss the relationship of direct and indirect costs in project management.

Explain how a Gantt chart differs from a CPM/PERT network and indicate the advantage of the latter?

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