American Institute of Certified Planners (AICP) Practice Exam

Which two methods are known for modeling project management tasks?

1. SWOT and PEST analysis

2. Gantt and Kanban charts

3. PERT and CPM techniques

4. Risk assessment and Time-Driven Activity-Based Costing

The correct answer is: PERT and CPM techniques

The two methods known for modeling project management tasks are PERT and CPM techniques. PERT, or Program Evaluation Review Technique, is a statistical tool used to analyze and represent the tasks involved in completing a project, especially the time required to complete each task and identify the minimum time needed to complete the total project. It focuses on the duration and scheduling of tasks. CPM, or Critical Path Method, complements PERT by helping to identify the longest stretch of dependent activities and measuring the time required to complete them. This approach helps project managers understand where to allocate resources efficiently and which tasks can influence the overall project timeline if delayed. These methods are particularly effective for complex projects that require careful planning, monitoring, and control of different tasks to ensure project objectives are met on time and within budget. They provide a visual representation of the task sequences, assist in deadline management, and aid in identifying bottlenecks in the workflow. The other options do not primarily focus on modeling project management tasks in the same systematic and structured manner that PERT and CPM do.