Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:
PERT and CPM are useful techniques for which of the following?
Options:
Planning
Controlling
Both 1 and 2
None of the above
Correct Answer:
Both 1 and 2
Explanation:
PERT (Programme Evaluation and Review Technique) and CPM (Critical Path Method) are important network techniques useful in planning and controlling. These techniques are especially useful for planning, scheduling and implementing time bound projects involving performance of a variety of complex, diverse and interrelated activities.