A small project is composed of 8 activities where time estimates are listed in the table below:
| Activity | Estimated duration (in days) | ||
| Optimistic | Most likely | Pessimistic | |
| A (1, 2) | 28 | 32 | 36 |
| B (1,3) | 22 | 28 | 32 |
| C (2, 6) | 26 | 36 | 46 |
| D (3, 4) | 14 | 16 | 18 |
| E (3, 5) | 32 | 32 | 32 |
| F (3, 6) | 40 | 52 | 74 |
| G (4, 5) | 12 | 16 | 24 |
| H (5, 6) | 16 | 20 | 26 |
Draw the project network diagram. Using the PERT find the expected time and variance for each activity.
To draw the project network diagram and find the expected time and variance for each activity using PERT (Program Evaluation and Review Technique), we need to follow these steps:
- Draw the project network diagram:
The activities and their precedence relationships are represented in the following network diagram:
A
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