Explain techniques of pert, Project Management

Assignment Help:

Explain how the techniques of PERT (Project Evaluation and Review Technique), scenario planning and buffering could be used in project management with specific reference to the time scale aspect of the new training centre project.

PERT

This can be used to conquer the uncertainties over times taken for individual activities in a network diagram. Unless a same project has been undertaken before then timings set for every activity can be very uncertain. The method is designed to account for uncertainty in the project lifecycle.

Each task is assigned a time:

  • An optimistic (best) time on the duration of the latets training centre project if the conditions were ideal.
  • A probable time if conditions were normal or as expected.
  • A pessimistic (worst) time which is the duration it would take if a number of things went wrong.

These estimates are then changed into a mean time and standard deviation which means it is possible to establish the duration of the new training centre project using the usual times, but also to calculate a contingency time allowance.  

 


Related Discussions:- Explain techniques of pert

#beauty parlour, i want to know about the codes of a beauty parlour managem...

i want to know about the codes of a beauty parlour management website.

What does mpmm contain, This product not only having more than 1000 pages o...

This product not only having more than 1000 pages of content explaining how projects should be undertaken successfully, but it also includes: 51 detailed project management temp

Procurement , Functions of Purchasing Department

Functions of Purchasing Department

Components of participative management, COMPONENTS OF PARTICIPATIVE MANAGEM...

COMPONENTS OF PARTICIPATIVE MANAGEMENT: The involvement of staff in the decision making process of the organization and having increased awareness of the organization's purpos

Functional requirements for an exhibition management system, Question: ...

Question: (a) Consider the following quality goals and provide a way to make the goal more tangible such that it can be easily verified: i. Software should be user friendl

What do you mean by post completion report, What do you mean by post comple...

What do you mean by post completion report? The post completion (PC) report: This report would be created at the closing or finish stage of a project. Post completion rep

Factors affecting process planning-size of raw material, Factor Affecting P...

Factor Affecting Process Planning Size and form of Raw Materials: Process planning actually starts with the blank selection. The blank or initial raw material may be ava

Robotic painting system project, L Company, a manufacturer of family cars, ...

L Company, a manufacturer of family cars, has invested in a robotic painting system for its cars Ensuring the right quality of paintwork on each car is a critical success factor fo

Discuss importance of value management in project life cycle, Question: ...

Question: (a) Past projects have shown that cost escalation is a common phenomenon with respect to the amount by which actual costs increases overrun the initial estimated cos

Describe the roles of the sponsor, Describe the roles of the sponsor. T...

Describe the roles of the sponsor. The sponsor’s role is to signify the organisation commissioning the project and to create the main business decisions relating this. The spon

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd