--%>
Assignment Help - homework help

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 : Simplified demonstration of Littles Law

    Simplified demonstration of Little’s Law:

    Q : What is your conclusion The following

    The following data were collected on the number of emergency ambulance calls for an urban county and a rural county in Florida. Is County type independent of the day of the week in receiving the emergency ambulance calls? Use α = 0.005. What is your conclusion? Day of the Week<

    		•
  • Q : Creating Grouped Frequency Distribution

    Creating Grouped Frequency Distribution: A) At first we have to determine the biggest and smallest values. B) Then we have to Calculate the Range = Maximum - Minimum C) Choose the number of classes wished for. This is generally between 5 to 20. D) Find out the class width by dividing the range b

    		•
  • Q : Computers playing games How Computers

    How Computers playing games can be categorized according to different dimensions?

    		•
  • Q : Statics for each of the following

    for each of the following studies a and b decide whether to reject the null hypothesis that groiups come from identical populations. Use the .01 level. (c) Figure the effects size for each study. (d) ADVANCED TOPIC: Carry out an analysis of variance for study (a) using the strucurtal method.

    		•
  • Q : Cumulative Frequency and Relative

    Explain differences between Cumulative Frequency and Relative Frequency?

    		•
  • Q : Get Solved LP Problems Solve Linear

    Solve Linear Programming Questions A producer manufactures 3 models (I, II and III) of a particular product. He uses 2 raw materials A and B of which 4000 and 6000 units respectively are obtainable. The raw materials per unit of 3

    		•
  • Q : Explain Queuing theory Queuing theory :

    Queuing theory: • Queuing theory deals with the analysis of lines where customers wait to receive a service:

    Q : Develop the most appropriate regression

    Predicting Courier Costs The law firm of Adams, Babcock, and Connors is located in the Dallas-Fort metroplex.  Randall Adams is the senior and founding partner of the firm.  John Babcock has been a partne

    		•
  • 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

    		•