Question

Describe PERT network analysis and explainn the relationship between Slack Time and the Critical Path

Answer 1

Program Evaluation Review Technique

A PERT is a project management instrument used to plan, compose, and arrange assignments inside a project. Sprightly discovers applications in arranging and control of complex arrangement of assignments, capacities and connections.

It is an imperative technique in the field of project Management. Saucy is normally utilized for leading the underlying review of a project. Saucy is an exceptionally helpful gadget for arranging the time and assets. It speaks to an essential advance in the improvement of administrative science. It brings up possibly troublesome regions (which may upset program targets) against which an auspicious move can be made to keep their events. Spunky aides in basic leadership.

Relationship between Slack Time and the Critical Path

To determine the critical path, include the measure of time assessed for the length of every activity to the past activity. The Critical Path Method portrays a project as a network outline, in which every hub on the network speaks to an activity. The hubs are combined by lines, or bends, which speak to the occasions that mark the start and end of every activity. It is the path through the network that outcomes in the most recent finish date of the project

The critical path is the longest path through the network graph and decides the briefest time you have to complete the project. Thusly, the critical path has the least slack or float time of any path through the network chart. In a perfect world, none of the exercises in the critical path ought to have slack or float time, on the grounds that any deferral in the critical path postpones project culmination.

Slack at times called Float, , is the measure of time an activity, network path, or project can be postponed from the promising start without changing the finishing date of the project.

All out float is the contrast between the completion date of the keep going activity on the critical path and the project culmination date. Any postponement in an activity on the critical path would diminish the measure of all out float accessible on the project. A project can likewise have negative float, which implies the determined consummation date of the last activity is later than the focused on culmination date built up toward the start of the project.

The terms are most generally connected to a network analysis technique, known as the Critical Path Method