June 2006
Beginner
793 pages
20h 59m
English
Content preview from Quantitative Techniques: Theory and Problems
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THEORETICAL QUESTIONS
- What is meant by the term 'PERT'?
- Distinguish between CPM and PERT.
- How is PERT useful?
- How can uncertainty be incorporated in PERT model?
- Explain the following terms:
- Optimistic Time
- Expected Time
- Activity Variance
- Project Variance
- Standard Deviation of the project
- Name the distribution followed by activity time in PERT Model.
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