On the Distribution of Activity Time in PERT

Abstract

In PERT analysis the activity-time distribution is assumed to be a beta distribution, and the mean and variance of the activity time are estimated on the basis of the ‘pessimistic’, ‘most likely’ and ‘optimistic’ completion times, which are subjectively determined by an analyst. In this paper, on the basis of the study of the PERT assumptions, we present an improvement of these estimates. It is also shown that, by means of additional reasonable assumptions, the activity-time distribution in PERT analysis may be essentially simplified.

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