Here is a list of reasons why PERT and CPM are widely accepted and used in Project Management:
Prediction of deliverables
Planning resource requirements
Controlling resource allocation
Internal program review
External program review
Uniform wide acceptance
What do you think of this list?
How are PERT and CPM diagrams used on a daily basis?
What can you add to this list?
PERT—Project Evaluation and Review Technique
CPM—Critical Path Method