PERT is use full when we have following time duration except:a.Optimistic timeb.Pessimistic timec.Most likely timed.Certain Duration
Question
PERT is use full when we have following time duration except:a.Optimistic timeb.Pessimistic timec.Most likely timed.Certain Duration
Solution
The PERT (Program Evaluation and Review Technique) is a statistical tool used in project management, which is designed to analyze and represent the tasks involved in completing a given project. It incorporates uncertainty by making it possible to schedule a project while not knowing precisely the details and durations of all the activities.
The time estimates in PERT include:
a. Optimistic time: the minimum possible time required to accomplish a task, assuming everything proceeds better than is normally expected.
b. Pessimistic time: the maximum possible time required to accomplish a task, assuming everything goes wrong (but excluding major catastrophes).
c. Most likely time: the best estimate of the time required to accomplish a task, assuming everything proceeds as normal.
The option that PERT does not use is:
d. Certain Duration: PERT is designed to handle uncertainty in activity completion times. Therefore, it does not use a certain duration as it assumes there is always some degree of uncertainty in how long each task will take.
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