How is the variance of the total project computed in pert

Assignment Help Business Management

Reference no: EM131255910

a. 1. Describe how expected activity times and variances can be computed in a PERT network.

2. Define earliest start, earliest finish, latest finish, and latest start times.

3. Students are sometimes confused by the concept of critical path, and want to believe that it is the shortest path through a network. Convincingly explain why this is not so.

4. What are dummy activities? Why are they used in activity-on arrow (AOA) project networks?

b. 1. What are the three time estimates used with PERT?

2. Would a project manager ever consider crashing a noncritical activity in a project network? Explain convincingly.

3. How is the variance of the total project computed in PERT?

4. Describe the meaning of slack, and discuss how it can be determined.

Reference no: EM131255910

Questions Cloud

Successful project manager : Year 2022, you are a successful Project Manager and have recently hired a new internee (who haven't taken software engineering course yet) to strengthen industry-academia linkage. One day, the internee enters to your office and says "Why our cust..

Explain the purpose of project organization : Explain the purpose of project organization. - What are the three phases involved in the management of a large project?

Attacks on block ciphers by means of an exhaustive : We consider known-plaintext attacks on block ciphers by means of an exhaustive key search where the key is k bits long. The block length counts n bits with n > k.

How does the ultrasonic machining process work : Identify the two significant disadvantages of electrochemical machining. 4. How does increasing discharge current affect metal removal rate and surface finish in electric discharge machining?

How is the variance of the total project computed in pert : How is the variance of the total project computed in PERT? - Describe the meaning of slack, and discuss how it can be determined.

Storm damage before don applies any floor limitations : Don's personal auto was damaged in a wind storm this year. Don purchased the auto several years ago for $51,900 and it was worth $28,545 at the time of the storm. The damage was superficial, so Don decided not to repair the car. Although Don collecte..

New network or upgrade a network : What problems could arise if you don't understand traffic behaviour when you build a new network or upgrade a network?

Difference between waterfall approach and agile project : How can we determine the probability that a project will be completed by a certain date? - What is the difference between the waterfall approach and agile project management?

Types of traffic flow discussed in the lectures : Does cloud computing fit into the types of traffic flow discussed in the lectures (terminal/host, client/server, peer-to-peer, server/server, etc) or is it a new type of traffic flow? Why?

User Account

All Pages