Time used in PERT for drawing the Network diagram is a.Optimistic timeb.Pessimistic timec.Most likely timed.Expected Time
Question
Time used in PERT for drawing the Network diagram is a.Optimistic timeb.Pessimistic timec.Most likely timed.Expected Time
Solution
The time used in PERT (Program Evaluation Review Technique) for drawing the Network diagram is the Expected Time.
Here's why:
a. Optimistic time: This is the minimum possible time required to accomplish a task, assuming everything proceeds better than is normally expected.
b. Pessimistic time: This is the maximum possible time required to accomplish a task, assuming everything goes wrong (but excluding major catastrophes).
c. Most likely time: This is the best estimate of the time required to accomplish a task, assuming everything proceeds as normal.
d. Expected Time: This is the best estimate of the time required to accomplish a task, taking into account the risk or uncertainty in the time estimation. It is calculated as (Optimistic time + 4*Most likely time + Pessimistic time) / 6.
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