Project Management by PERT and CPM - PERT- Project Evaluation and Review Technique in hindi

This video explains project evaluation and review technique The main objective in the analysis through PERT is to find out the completion for a particular event within specified date. The PERT approach takes into account the uncertainties. The three time values are associated with each activity 1. Optimistic time – It is the shortest possible time in which the activity can be finished. It assumes that every thing goes very well. This is denoted by to. 2. Most likely time – It is the estimate of the normal time the activity would take. This assumes normal delays. If a graph is plotted in the time of completion and the frequency of completion in that time period, then most likely time will represent the highest frequency of occurrence. This is denoted by tm. 3. Pessimistic time – It represents the longest time the activity could take if everything goes wrong. As in optimistic estimate, this value may be such that only one in hundred or one in twenty will take time longer than this value. This is denoted by tp Follow on Instagram: https://www.instagram.com/sandeepkumargour Email :- [email protected] Facebook page :- https://www.facebook.com/learnwithsandeepgour ........................................................ Operations Research(OR) | Computer Oriented Optimization Techniques (COOT)| For MCA, MBA, B.tech, B.E.,B.Sc. CBSE UGC NET & Other Exams #pert #project #review #technique #evaluation #management #optimistic #mostlikely #pessimistic