Mathpedia
Advantages of PERT
The project manager can easily schedule project activities with the help of the PERT system. This technique is more active in large, complex projects. […]
operation research
Mathpedia
PERT Algorithm in Network Analysis
PERT Algorithm: The following are a summary of the various steps involved in the PERT network for analyzing any project-… […]
Mathpedia
PERT (Program Evaluation and Review Technique)
PERT has become very popular technique used for project planning and control, and spread rapidly across almost all industries. […]
Mathpedia
Critical Path Method (CPM) in Network Analysis
The critical path method (CPM) is used for the computation of the earliest and latest time to get the completion day for a project… […]
Mathpedia
Labeling of a Network Diagram: Fulkerson’s i-j Rule
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. […]
Network Analysis
Dangling Error, Looping Error, Redundancy Error in Drawing Network
A dangling error occurs when an activity is disconnected before all activities in a network diagram have been completed. […]
Mathpedia
Rules or Guidelines for Drawing Network Diagram
No single activity can be represented in the network twice. This differs from the case where a single activity is divided into segments. […]
Mathpedia
Sequencing in Network diagram
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. […]
Mathpedia
Difference between event and activity in Network Diagram
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. […]
Mathpedia
Basic Terminology used in Network Analysis
Before illustrating the network representation of a project, let us define some basic definitions: Project, Activity, Event etc. […]