presentation on pert

Upload: abhishek-naik

Post on 08-Apr-2018

216 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/7/2019 PRESENTATION ON PERT

    1/6

    PRESENTED BY: SUSHIL

    VISHAL

    UNDER GUIDANCE: PROF. JAIN

  • 8/7/2019 PRESENTATION ON PERT

    2/6

    PERT stands forProgram Evaluation Review Technique, was developed by special projects office of the

    U.S navy.

    It was first formally applied to the planning and control of polaris weapon system in 1958.

    This technique helps to expedite complex projects.

    Pert is based on expected completion time, computed from three estimates of time:

    1. the optimistic time

    2.The pessimistic time

    3.the most likely time

    The pert technique can be used for more more complicated projects like engineering and tooling projects

  • 8/7/2019 PRESENTATION ON PERT

    3/6

    All individual tasks required to complete a given program must be visualized in a clear enough manner to

    be put down in a network composed of events and activities. An event denotes a specified program

    accomplishment at a particular instant in time.

    An activity represents the time and resources that are necessary to progress from one event to the next.

    Events and activities must be sequenced on the network under a logical set of ground rules.

    Time estimates is to be made for each activity of the network on a three-way basis. Optimistic (minimum),

    most likely (modal), and pessimistic (maximum) performance time figures are estimated by the person or

    persons most familiar with the activity involved. The three-time estimates are used as a measure of

    uncertainty of the eventual activity duration.

  • 8/7/2019 PRESENTATION ON PERT

    4/6

    Finally, critical path and slack times are computed. The critical path is that sequence of activities and

    events on the network that will require the greatest expected time to accomplish. Slack time is the

    difference between the earliest time that an activity may start (or finish) and its latest allowable start (or

    finish) time, as required to complete the project on schedule.

    The difference between the pessimistic (b) and optimistic (a) activity performance times is used tocompute the standard deviation () of the hypothetical distribution of activity performance times [= (b -

    a)/6]. The PERT procedure employs these expected times and standard deviations (2 is called variance)

    to compute the probability that an event will be on schedule, that is, will occur on or before its scheduled

    occurrence time.

    In the actual utilization of PERT, review and action by responsible managers is required, generally on a

    biweekly basis, concentrating on important critical path activities. A major advantage of PERT is the kind

    of planning required to create an initial network. Network development and critical path analysis revealinterdependencies and problem areas before the program begins that are often not obvious or well defined

    by conventional planning methods.

  • 8/7/2019 PRESENTATION ON PERT

    5/6

    Facilitates Planning

    Completion of projects

    Facilitates organising

    Facilitates directing

  • 8/7/2019 PRESENTATION ON PERT

    6/6

    Step 1 Listing of activities related to projects

    Step 2 Determining time estimates

    Step 3 Determining critical path

    Step 4 Monitoring sequence of activities

    Step 5 Follow up