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This document discusses quantitative techniques for decision making, specifically Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM). PERT uses a weighted average of estimates to gauge time required for uncertain tasks, while CPM identifies the longest sequence of dependent activities to measure project duration. Both methods involve defining tasks, relationships, and time/cost estimates to calculate critical paths and plan projects. The techniques aid in coordination, critical pa

Author

pranavi

Language

EN