Click here to Get Complete Solved Assignments
List of Fresher Jobs, Walk in Interview
Right place for Job Seeker. Fresher Job, Walkin Interview, Exam results.
Visit www.walkinjobstoday.com

mba smu solved assignments Q Discuss PERT technique of project planning

Answer: The Program Evaluation and Review Technique (PERT) is a network model allowing randomness in activity completion times. PERT was developed in the late 1950’s for the U.S. Navy’s Polaris Missile Project. This project involved thousand of contractors supplying different accessories for the missile. PERT technique was used in order to manage the resources in an optimum manner and also reduce the time and cost required to
complete the whole project.

In a project, an activity is a task that must be performed and an event is a milestone marking the completion of one or more activities. Before an activity can begin, all of its predecessor activities must be completed. Project network models represent activities and milestones by arcs and nodes. PERT originally was an activity on arc network, in which the activities are represented on the lines and milestones on the nodes. 

0 comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
 
x

Get Our Latest Posts Via Email - It's Free

Enter your email address:

Delivered by FeedBurner