Pert
Pert
TIME ESTIMATES
Optimistic Time Estimates : Shortest possible time in which an activity can be completed. Pessimistic Time Estimates: It is the best guess of the maximum time that would be required to complete the activity. Most Likely Time Estimates: The time activity would most often require if normal conditions prevail. This time estimate lies between the optimistic and pessimistic time estimates.
To compute the latest allowable occurrence time for various events. Start with the scheduled completion time Ts for the project. Then TL = Ts = Project completion time. For the activity before the last activity, reduce Te from Ts which is TL of the that activities. If they are more than one activities, take the minimum value as TL
SLACK
Slack may be simply defined as the difference between the latest allowable time and the earliest expected time of an event. We find that slack gives the idea of time to spare. Slack means more time to work, less to worry about. It reveals about those areas which have an excess or resources from which trade-offs can be rearranged. It also spots those areas which are potential trouble areas i.e., those areas of zero or minimum slack. Slack can be positive, zero or negative, depending upon the relationship between TL and TE S= TL-Te .Page 134
Positive slack : Positive slack is obtained when TL is more than TE for an event. It is an indication of an ahead of schedule condition (excess resources). Zero Slack : Zero slack is obtained when TL is equal to TE for an event. It is an indication of a on schedule(adequate resources) Negative Slack: Negative slack is obtained when the scheduled time of completion TS (and hence TL) is less than the TE. It is an indication of a behind of schedule condition (lack of resources).
CRITICAL PATH
It is important to note that the value of slack, associated with an event, determine how critical that event is. The less the slack (more negative), the more critical an event is. A critical path is the one which connects the events having a zero or minimum slack times. All the events along the critical path are considered to be critical in the sense that any delay in their occurrence will result in the delay in the scheduled completion of the project. Eventually, a critical path is the longest path (time wise) connecting the initial and end event.
EXAMPLE.
Draw a network diagram for the project having 9 activities, with the following inter-relationships: 1. C follows D but precedes F 2. C follows B but precedes H 3. G follows F but precedes I. 4. E follows A but precedes I. 5. D follows A. 6. H and I terminate at the same time. 7. A and B start at the same time.
Event
Immediate predecessor
1 2 3 4 5 6 7 8 9 10
A project has fourteen activities A through M. The relationships which obtain amongst these activities are given below. 1.A is the first operation 2.B and C can be performed in parallel and are immediate successor to A. 3. D, E and F follows B. 4. G follows E. 5. H follows D, but it cannot start untill E is complete. 6.I and J succeed G. 7.F and J precede K. 8. H and I precede L. 9. M succeeds L and K. 10. The last operation N succeeds M and C.