L20 (Pert) - CVEN 349: Civil Engineering Project Management...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
LECTURE # 20 Spring 2010 Dr. Ivan Damnjanovic CVEN 349: Civil Engineering CVEN 349: Civil Engineering Project Management Project Management
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Uncertainty Uncertainty We have determined the critical path (CP) and estimated project duration on critical path. Will the project finish on time? What is the probability that will last longer that estimated time?
Background image of page 2
PERT – Basic Concept PERT – Basic Concept First used by NASA to Flow-Chart and Schedule their projects. Approach is used for projects where the activity durations and costs are largely “guess work” Works surprising well on large projects because of the math and statistics. PERT incorporates uncertainty, but how?
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Expected Time Duration of Activity Expected Time Duration of Activity Three common estimates of activity duration: Most optimistic Most pessimistic Most likely We can use the Delphi Technique or some other systematic process to get these estimates
Background image of page 4
Most Optimistic Most Optimistic This time assumes that everything will go according to plan with minimal difficulties.
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 18

L20 (Pert) - CVEN 349: Civil Engineering Project Management...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online