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PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). The program evaluation and review technique ( PERT ) is a statistical tool used in project management , which was designed to analyze and represent the tasks involved in completing a given project .
[2] [3] The PERT distribution is widely used in risk analysis [4] to represent the uncertainty of the value of some quantity where one is relying on subjective estimates, because the three parameters defining the distribution are intuitive to the estimator. The PERT distribution is featured in most simulation software tools.
The Postsecondary Education Readiness Test (PERT) is a computer adaptive test which measures a student's level of preparedness for college-level courses. The test is currently being used by all Florida high schools and the 28 members of the Florida College System. The PERT was created by McCann Associates in cooperation with Florida educators.
Kelley attributed the term "critical path" to the developers of the PERT, which was developed at about the same time by Booz Allen Hamilton and the U.S. Navy. [5] The precursors of what came to be known as critical path were developed and put into practice by DuPont between 1940 and 1943 and contributed to the success of the Manhattan Project. [6]
X-Pert is geared to producing critical path method and PERT schedules for major, long-term projects (in one case [1] a duration now approaching 40 years).. Developed by users and contributors to the ICL 1900 PERT mainframe package, X-Pert is one of the few packages still fully supporting the activity on arrow project network process.
Based on the assumption that a PERT distribution governs the data, several estimates are possible. These values are used to calculate an E value for the estimate and a standard deviation (SD) as L-estimators, where: E = (a + 4m + b) / 6 SD = (b − a) / 6
Pert Plus, a brand of shampoo marketed in Australia and New Zealand as Pert P e r t {\displaystyle Pe^{rt}} , an expression to calculate the expected return from a continuously compounded investment given the principal, rate, and time
MPM is a means of describing organizing and planning a project. It is an equivalent of the PERT method. Using summits for tasks and path for interdependencies between the different tasks, the solution is set are graphically. Using MPM, the length of the critical path is shown directly in the diagram and the critical path itself can be ...