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

Construct a network diagram showing the critical path, ST is the operations...

ST is the operations director of F Bakery. He is in the process of putting together a project plan for the introduction of a latest production plant that will enable the bakery to

Explain feasibility analysis and product development process, Q. Explain Fe...

Q. Explain Feasibility Analysis and Product development process? Once the product concepts have been  formed, the feasibility studies are conducted. This study involves the fol

Quality - total quality management - elements of tqm, Quality is customer d...

Quality is customer defined: Quality of service or service excellence is a desire to maintain or strengthen the commitment to the library's philosophy of service to users. Qua

Capacities of machine tools and surface finish, Capacities of Machine Tools...

Capacities of Machine Tools and Surface Finish Capacities of Machine Tools: The dimensional limitations of machine or equipment and their capacities should be considered.

What do you meant by quality circles, Question 1: a. State the purposes...

Question 1: a. State the purposes of Malcolm Baldrige Quality Award b. Compare Balridge award criteria with TQM. A Purpose of MBNQA Question 1: What do you meant by qu

Explain the levels of conventional planning, Question: (a) A team is ...

Question: (a) A team is any group of persons organised to work together or interdependently in order to cooperatively meet the needs of their customers by accomplishing a pu

What are the advantages of critical path analysis, What are the advantages ...

What are the advantages of critical path analysis? Advantages of critical path analysis (CPA): a. Classifies interrelationships in between various activities or tasks

Describe the factors that lead to the project failure, Question: a) Des...

Question: a) Describe lessons or best practices that could be learned from the above case study? b) Describe the factors that lead to the project failure? c) What is acc

Textile industry, in what ways consumer changing tastes affecting textile i...

in what ways consumer changing tastes affecting textile industry?

Matrix organisation structure, M a t r i x organisation A matrix o...

M a t r i x organisation A matrix organisation is a combination of functional and project organisation. A weak matrix organisation has most of the characteristics of a fun

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