PERT
PERT
Formula
• To: Optimistic Duration
The optimistic duration is the amount of time the activity will take if
everything goes smoothly and efficiently
• Tm: Most Likely Duration
The Most Likely duration is the duration under normal scenario
• Tp: Pessimistic Duration
The pessimistic duration is the duration under the worst-case scenario
Example:
Example:
where optimistic time= 8 days,
most likely time = 10 days, and
pessimistic time = 24 days
2 A,B,D,E,G,I,J,K 4.96
3 A,C,F,G,H,J,K 2.24
4 A,C,F,G,I,J,K 2.38
PROBABILITY OF COMPLETION
Assume Calculating the probability of finishing the project in 48 weeks