73-220-Lecture19 - 1 Project Scheduling: PERT/CPM 73-220...

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Unformatted text preview: 1 Project Scheduling: PERT/CPM 73-220 Lecture 19 2 Agenda ● Review of last class. – PERT/CPM with unknown activity times ● Project scheduling – PERT/CPM – Project scheduling with uncertain activity times: more examples ● Next Class 3 PERT/CPM with Uncertain Activity Times ● General procedures – Calculate μ i , σ i 2 from a , b , and m . – Draw project network using the mean activity times μ i ’s. – Determine ES, EF (forward path) and LS, LF (backward path) for each activity. – Develop activity schedule with slacks. – Identify critical activities and path. – Compute μ and σ 2 for the critical path . – Look up normal table to determine a probability given a project completion time or a critical project completion time given a probability (or a service level)....
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This note was uploaded on 11/28/2011 for the course FINANCE 101 taught by Professor Chan during the Spring '11 term at Aarhus Universitet.

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73-220-Lecture19 - 1 Project Scheduling: PERT/CPM 73-220...

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