PERT Calculate the project variance Program Evaluation and Review Techniques











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In this video, you will learn how to calculate the project variance and standard deviation . • PERT is used for R D and Defence , where estimation becomes a challenge. • The following steps are followed : • 1. Calculate the Time Estimate • 2.Draw the project network • 3. Identify the critical path • 4. calculate the variance and Standard deviation of the critical activities • 5. Calculate the probability of completing the completing the project for the estimated time. • #PERT #projectscheduling #Probability #standarddeviation #zscore #normaldistribution • Keep Watching, Keep Learning

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