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What is the muddiest part of the application of PERT/CPM for example when it comes to using the tool to implement a project like building a house?

What is the muddiest part of the application of PERT/CPM for example when it comes to using the tool to implement a project like building a house? Is it developing the time line for completion, time line for coordination of trades, material needs and timing, expected cost? How would PERT/CPM be used to insure a project such as this is completed on time and within budget?

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