Pert
Pert
Program Evaluation & Review Technique (PERT) Program Evaluation & Review Technique (PERT)
Presented by: Anupam Kumar Reader SMS Varanasi PERT was developed by the US Navy for the planning and control of the Polaris missile program The emphasis of PERT is on completing the program in the shortest possible time. PERT has the ability to cope with uncertain activity completion times. e.g.
for a particular activity the most likely completion time is 4 weeks but it could be anywhere between 3 weeks and 8 weeks.
PERT
The procedure of PERT takes into consideration the following time estimates:
Te = Expected activity time To = Optimistic time Tp = Pessimistic time Tm = Most likely time = Event Standard Deviation Te = (To + 4Tm + Tp) / 6 = (Tp - To) / 6
PERT has
Multiple time estimates Probabilistic activity times
Illustration 1
Project planners have sought the judgment of various knowledgeable engineers, foremen and vendors and have developed the time estimate as follows.
Determine the critical path. What is the probability the project will be finished within 4 years? Calculate the overall variance for the project schedule.
Design Plant Select Site Select Vendor Select Personnel Prepare Site
Illustration 1 (Contd.)
Activity Description Number 12 23 24 26 35 45 46 57 67 78 To 10 2 1 2 8 15 3 2 6 4 Time Estimate Tm 12 8 4 3 12 18 5 4 9 6 Tp 16 36 5 4 20 30 8 8 12 14
Manufacture Generator Prepare Manual Install Generator Train Operator License Plant
Hint
3/13/2012
Illustration 1 (Soln.)
Activity Description Design Plant Select Site Select Vendor Select Personnel Prepare Site Manufacture Generator Prepare Manual Install Generator Train Operator License Plant Number 12 23 24 26 35 45 46 57 67 78 To 10 2 1 2 8 15 3 2 6 4 Tm 12 8 4 3 12 18 5 4 9 6 Time Estimate Tp 16 36 5 4 20 30 8 8 12 14 Te 12.33 11.67 3.67 3 12.67 19.5 5.17 4.33 9 7 2 1 32.11 0.44 0.11 4 6.25 0.694 1 1 2.78
PERT
The procedure of PERT takes into consideration the following time estimates:
Te = Expected activity time To = Optimistic time Tp = Pessimistic time Tm = Most likely time = Event Standard Deviation Te = (To + 4Tm + Tp) / 6
PERT / CPM
Benefits Useful at many stages of project management Mathematically simple Give critical path and slack time Provide project documentation Useful in monitoring costs Questions that are answered Completion date? On Schedule? Within Budget? Critical Activities? How can the project be finished early at the least cost?