Which project management tool is used to determine the amount of time required to complete a project?

The PERT chart, or Program Evaluation and Review Technique chart, is specifically designed to analyze the tasks involved in completing a project and to estimate the minimum amount of time needed to complete each task. It provides a visual representation that helps in identifying the sequence of tasks, their duration, and how they are interconnected. By using this tool, project managers can evaluate potential delays and make more accurate predictions about project timelines, which is essential in ongoing project management.

In the context of project planning, the PERT chart facilitates an understanding of the dependencies between different tasks, allowing for better scheduling and resource allocation. This capability is particularly crucial for projects that involve multiple stages and require coordination among different teams or departments.

Other tools mentioned, like the Gantt chart, while also beneficial for project management, primarily help visualize project timelines and can show overall progress, rather than focusing explicitly on estimating time for project completion. Fundamental analysis and SWOT analysis, on the other hand, are used for broader strategic evaluation and decision-making rather than tracking project timelines directly.