UPES – The Nation Builders University

Session 4

11th January 2019

Centre for
Continuing Education
UPES – The Nation Builders University

PERT

Centre for
Continuing Education
UPES – The Nation Builders University

Project evaluation and review technique

PERT

Centre for
Continuing Education
UPES – The Nation Builders University

Project evaluation and review technique PERT

Useful for scheduling projects with time uncertainties

Centre for
Continuing Education
UPES – The Nation Builders University

Time estimates in PERT

Most likely time
The time which is taken most frequently by the activity
Optimistic time
The time by which activity can be completed, if everything went
well
Pessimistic time
The time by which activity will get completed even under adverse
conditions

Centre for
Continuing Education
UPES – The Nation Builders University

PERT
Expected time of completion TE
= TO + 4TM + TP
6

Standard deviation = TP -TO

6
2
Variance = TP -TO
6

Centre for
Continuing Education
UPES – The Nation Builders University

ACTIVITY PREDECESSOR ACTIVITY TIME

To Tm Tp
A -- 1 2 9
B -- 2 4 12
C -- 4 6 14
D C 1 3 5
E A, B 1 8 9
F E, D 2 3 4
G D 1 2 3
H F, G 1 2 3

Centre for
Continuing Education
UPES – The Nation Builders University

A3
B5 E7 F3
H2

C7 G2
D3

A–E–F–H 15 Activity To Tm Tp Te SD Variance

B–E–F–H 17 A 1 2 9 3 8/6 64/36

C–D–G–H 14 B 2 4 12 5 10/6 100/36

C–D–F–H 15 C 4 6 14 7 10/6 100/36

D 1 3 5 3 4/6 16/36

BEFH is the critical path E 1 8 9 7 8/6 64/36

Expected Project completion time is 17 days F 2 3 4 3 2/6 4/36

G 1 2 3 2 2/6 4/36

H 1 2 3 2 2/6 4/36

Centre for
Continuing Education
UPES – The Nation Builders University

Project variance

100/36 + 64/36 + 4/36 +4/36 = 174/36

Project standard deviation

√ (174/36) = 2.19

Centre for
Continuing Education