Module 2 : Project Planning
PROBABILITY STATEMENTS

Standard PERT Assumptions

  • The activities are independent.

  • The critical path contains a large no. of activities so that we can invoke the Central Limit Theorem.

  • All activities not on the critical path are ignored.

  • Activity times follow a Beta distribution.

  • The mean and variance of the activities are given by (a+4m+b)/6 and [(b-a)/6]2.
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Prof.S.G.Deshmukh & Prof.Arun Kanda