Mathematics & Statistics

Mathematics & Statistics – Explore the world of maths with our comprehensive coverage of research and resources. Your one-stop resource for maths and statistics study. We offer comprehensive Mathematics & Statistics articles to help you improve your math and stats skills, including Operation Research, LPP, Inventory, Network Analysis, Graph Theory, Sequence, Set Theory, Mathematical Induction, Business Statistics, Data, Information, Measure of Central Tendency, Measure of Variations, Classification, Tabulation of data, Time Series, Index Numbers, etc.

Advantages of PERT Technique in Project Management
Mathpedia

Advantages of PERT

Lata Agarwal

The project manager can easily schedule project activities with the help of the PERT system. This technique is more active in large, complex projects. […]

pert algorithm in network analysis
Mathpedia

PERT Algorithm in Network Analysis

Lata Agarwal

PERT Algorithm: The following are a summary of the various steps involved in the PERT network for analyzing any project-… […]

PERT (Program Evaluation and Review Technique)
Mathpedia

PERT (Program Evaluation and Review Technique)

Lata Agarwal

PERT has become very popular technique used for project planning and control, and spread rapidly across almost all industries. […]

Critical path method CPM
Mathpedia

Critical Path Method (CPM) in Network Analysis

Lata Agarwal

The critical path method (CPM) is used for the computation of the earliest and latest time to get the completion day for a project… […]

Labeling of a Network Diagram Fulkerson’s i-j Rule
Mathpedia

Labeling of a Network Diagram: Fulkerson’s i-j Rule

Lata Agarwal

For convenience, labeling is done on a network diagram. A standard procedure called i-j rule developed by D.R.F Fulkerson is most commonly used for this purpose. […]

Dangling Error, Looping Error, Redundancy Error in Drawing Network
Network Analysis

Dangling Error, Looping Error, Redundancy Error in Drawing Network

Lata Agarwal

A dangling error occurs when an activity is disconnected before all activities in a network diagram have been completed. […]

Guidelines for Drawing Network Diagram
Mathpedia

Rules or Guidelines for Drawing Network Diagram

Lata Agarwal

No single activity can be represented in the network twice. This differs from the case where a single activity is divided into segments. […]

Sequencing in network
Mathpedia

Sequencing in Network diagram

Lata Agarwal

Because all subsequent calculations are based on the network, it is important that the network be carefully drawn. A network can be drawn in many ways. […]

Difference between event and activity
Mathpedia

Difference between event and activity in Network Diagram

Lata Agarwal

An event is that particular moment of time when a specific part of a project is to be completed, whereas an activity is the actual performance of a task. […]

basic terminology used in network project activity event
Mathpedia

Basic Terminology used in Network Analysis

Lata Agarwal

Before illustrating the network representation of a project, let us define some basic definitions: Project, Activity, Event etc. […]