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Consider the following statements in respect of PERT and CPM: 1. PERT is event-oriented while CPM is activity-oriented. 2. PERT is probabilistic while CPM is deterministic. 3. Levelling and smoothing are the techniques related to resource scheduling in CPM. Which of the statements given above are correct?
Consider the following statements.
1. In PERT, it is assumed that the activity times follow the beta distribution.
2. In CPM, two time and cost estimates are made for each activity, which are called the optimistic and pessimistic estimates.
3. Time is the only variable used in PERT.
4. While in PERT the emphasise is on event, in CPM the emphasise is on activity.
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