Page 266 - DMGT521_PROJECT_MANAGEMENT

Unit 14: Conflict and Negotiation

PERT Network – Activity on Node (AON) Notes

Variance Calculation

PERT Formulae: Variance & Standard Deviation

 b a 2
 
v   
 6 
v
 (sum total of of activitios on CP)
What-if Analysis
Since PERT recognizes uncertainty in estimates of durations, it gives rough estimates
about final completion. Now what-if analysis can be conducted like what is the probability

Contd...

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