Program Evaluation and Review Technique or PERT

Program Evaluation and Review Technique (PERT)

A) Developed by US Navy and a consulting firm in 1958 for the Polaris submarine project.

B) Technique as for CPM method, but activity durations have a range of times that follow a statistical distribution:

So, can compute the probability of achieving individual activity durations, and project milestones.
Uses the beta distribution, as we considered previously … and will now recap.
PERT requires not just expected completion times for activities, but also optimistic and pessimistic estimates.

Related Questions in Basic Statistics

Q : Explain Service times Service times: A)

Service times:A) In most cases, servicing a request takes a “short” time, but in a few occasions requests take much longer.B) The probability of completing a service request by time t, is independent of how much tim

Q : Sample z test and Sample t test A

A random sample X1, X2, …, Xn is from a normal population with mean µ and variance σ2. If σ is unknown, give a 95% confidence interval of the population mean, and interpret it. Discuss the major diff

Q : Regression Analysis 1. A planning

1. A planning official in the Texas Department of Community Affairs, which works in the office next to you, has a problem. He has been handed a data set from his boss that includes the costs involved in developing local land use plans for communities wi

Q : Program Evaluation and Review

Program Evaluation and Review Technique (PERT) A) Developed by US Navy and a consulting firm in 1958 for the Polaris submarine project. B) Technique as for CPM method, but acti

Q : State Kendalls notation

Kendall’s notation: A/B/C/K/m/Z A, Inter-arrival distribution M exponential D constant or determ

Q : Stats The College Board SAT college

The College Board SAT college entrance exam consists of three parts: math, writing and critical reading (The World Almanac 2012). Sample data showing the math and writing scores for a sample of twelve students who took the SAT follow. http://west.cengagenow.com/ilrn/books/assb12h/images/webfiles/

Q : Homework help on Human memory & SPSS

Effect of Scopolamine on Human Memory: A Completely Randomized Three Treamtent Design (N = 28) Scopolamine is a sedative used to induce sle

Q : Assumptions in Queuing system

Assumptions in Queuing system: • Flow balance implies that the number of arrivals in an observation period is equal to the

Q : Principles of data analysis For the

For the data analysis project, you will address some questions that interest you with the statistical methodology we are learning in class. You choose the questions; you decide how to collect data; you do the analyses. The questions can address almost any topic,

Q : Define Operational Analysis

Operational Analysis: • Analysis method based on the measurement of the operational characteristics of the system.

Discover Q & A

Leading Solution Library

Avail More Than 1454646 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1959654
Asked

3,689

Active Tutors

1454646

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment