June 2006
Beginner
793 pages
20h 59m
English
Content preview from Quantitative Techniques: Theory and Problems
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PRACTICAL STEPS INVOLVED IN SOLVING PERT PROBLEMS
The practical steps involved in solving PERT problems are given below:
| Step 1→ | Prepare a table showing Expected Duration and Variance for each activity of the project: | |
Where, Expected Duration  Standard Deviation  Variances (σ2) = Square of standard deviation |
||
| Step 2→ | Draw a Project Network of Activities (or Jobs) based upon Expected Duration of the Activities. | |
| Step 3→ | Find out ... | |
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