Industrial Engineering and Production Management
An optimum project schedule implies

Optimum utilization of men, machines and materials
Lowest possible cost and shortest possible time for project
Timely execution of project
To produce best results under given constraints

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Industrial Engineering and Production Management
A big advantage of PERT over Gantt charts is that in the former case

Activity times are clear
Activities and events are clearly shown
Early start and late finish of an activity are clearly marked
Interrelationship among activities is clearly shown

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