EVALUATION AND REVIEW TECHNIQUE (PERT) Program Evaluation and Review Technique (PERT) is a scheduling method originally designed to plan a manufacturing project by employing a network of interrelated activities‚ coordinating optimum cost and time criteria. PERT emphasizes the relationship between the time each activity takes‚ the costs associated with each phase‚ and the resulting time and cost for the anticipated completion of the entire project. PERT is an integrated project management system. These
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Box (AIB) problems. Using the activity‚ duration‚ and predecessor information given in this document‚ you should first construct a network for each "project." [Each problem will have its own network.] Once you have constructed the networks‚ you will log into the “Homework Exam" in Week 4 and input the answers to the homework questions. Problem 1 The following data were obtained from a project to create a new portable electronic. Activity Duration Predecessors A 3 Days --- B 4 Days
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Research Project Notes Chart Name: Corrie Smith Topic: Paying College Athletes? Source #1 title: Touchdowns‚ Toddlers‚ and Taboos: on paying college Athletes and surrogate contract mothers Source type (circle one): Book Internet Other Source Information (URL address‚ author‚ date‚ publisher‚ etc.) http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2504511 Notes from this source (in your own words): Chris Carter‚ a wide receiver became ineligible to play football while attending Ohio State
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facilitate the technology provision while the partner could formulate the appropriate modus operandi to sell in the foreign market. d. For the local market‚ an increase in the number of commissaries could easily reduce the transportation costs and the duration of shipments. This would allow the company to concentrate on the quality of products. THREATS a. Competition from both international companies and other local eateries. b. Political instability in the country threatened JFC as it could hamper
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LECTURE NOTES ON CONSTRUCTION PROJECT MANAGEMENT Emad Elbeltagi‚ Ph.D.‚ P.Eng.‚ Professor of Construction Management Structural Engineering Department‚ Faculty of Engineering‚ Mansoura University Construction Project Management 2009 Copyright © 2009 by the author. All rights reserved. No part of this book may be reproduced or distributed in any form or by any means‚ or stored in a data base or retrieval system‚ without the prior written permissions of the author. PREFACE In the Name of
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EXECUTIVE SUMMARY This project has helped us immensely in preparing for the final examination‚ as the information we have gathered for this was a brief summary of all we have studied in our methods in business research class. This has not only helped us in understanding of how to conduct a research but also in collecting data either primary or secondary. P&G is an international Company reaching out to almost the entire world population with more than 250 brands in 130 countries. The product
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15 4 .60 3 .45 3 .45 5. Advanced Technology .15 3 .45 4 .60 3 .45 6. Number of Branches .20 4 .80 4 .80 4 .80 Total 1.0 3.85 3.65 3.55 1st Banco De Oro (BDO) 2nd Bank of the Philippine Islands (BPI) 3rd Metropolitan Bank (Metrobank) Based on the CPM Matrix of Banco De Oro obtained a weighted score of 3.85‚ while Bank of the Philippine Island obtained a weighted score of 3.65 and Metropolitan Bank and Trust Company obtained a weighted score of 3.55. Even if Banco De Oro has the highest weighted
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Run Technique (PERT) chart is a model for project management. It is a tool designed to represent the tasks involved in a project and analyze the time required for completion during the project management life cycle. It also helps to identify the minimum time required to complete the project. It was developed to simplify the planning and scheduling of a project where all the details and durations of the activities are not known at the start itself. It is used especially in project where time scheduling
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There are projects going on all around us everyday. Some are large and some are small. Projects are unique‚ it is one time operation designed to accomplish a set of objectives in a limited time frame. Example of projects includes designing new products or services‚ construction of shopping mall‚ merging two companies and designing and running a political campaign. They all involves tremendous amount of planning‚ preparation‚ and co-coordinating work that needs to be done. Projects may involve
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Question 3 – PERT Discussion D) The Program Evaluation and Review Technique (PERT) was developed by Booz-Allen Hamilton‚ Lockheed Martin and the US Navy for the Navy’s Polaris project in 1958. Although the Polaris project was completed before its estimated completion date and under budget‚ we are not certain that this can be attributed solely to PERT‚ but PERT was used more widely on future projects after the success of the Polaris project. PERT became popular around the same time computers were
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