The document discusses developing CPM and PERT networks to estimate project completion times. It explains how to identify activities, determine sequences, draw network diagrams, and estimate activity times. For PERT, it also describes how to determine optimistic, most likely, and pessimistic times to calculate expected times. The critical path is the longest path of activities with zero slack time. An example PERT chart is provided with activities, predecessors, time estimates, and identification of the critical path.
The document discusses developing CPM and PERT networks to estimate project completion times. It explains how to identify activities, determine sequences, draw network diagrams, and estimate activity times. For PERT, it also describes how to determine optimistic, most likely, and pessimistic times to calculate expected times. The critical path is the longest path of activities with zero slack time. An example PERT chart is provided with activities, predecessors, time estimates, and identification of the critical path.
The document discusses developing CPM and PERT networks to estimate project completion times. It explains how to identify activities, determine sequences, draw network diagrams, and estimate activity times. For PERT, it also describes how to determine optimistic, most likely, and pessimistic times to calculate expected times. The critical path is the longest path of activities with zero slack time. An example PERT chart is provided with activities, predecessors, time estimates, and identification of the critical path.
• Specify the individual activities ACTIVITY IMMEDIATE EXPECTED
PREDECESSOR TIME • Determine the sequence of the (IN WEEKS) activities A - 5 • Draw the network diagram B - 6 • Estimate the activity C A 4 completion time D A,B 2 • Identify the critical path
A C
START FINISH
B D Estimating Time of Completion • Forward Pass (Considers maximum) • Backward Pass (Considers minimum)
Critical path is the path of activity having zero slack time
Developing a PERT network • Identify the activities • Determine proper sequence of the activities • Construuct the network diagram • Estimate the time required for each activity • Determine the critical path • Update the PERT chart Time Estimates • Optimistic Time(To): It is the shortest time in which the activity can be completed • Pessimistic Time(Tp): It is the longest estimated time required to perform an activity • Most Likely Time(Tm): It is the probable time required to perform the activity • Expected Time: 𝑇𝑜+4𝑇𝑚++𝑇𝑝 • Te= 6 Activity Descripti Preceden Optimisti Most Pessimist Expected on ce c Time Likely ic Time Time Time A Initial - 12 16 26 17 Design B Survey A 6 9 18 10 Market C Build A 8 10 `18 11 Prototype D Test C 2 3 4 3 Prototype E Redesigni B,D 3 4 11 5 ng F Market E 6 8 10 8 Testing G Set up F 15 20 25 20 Productio n PERT Chart