Question: List the main advantages of PERT List the main limitations
List the main advantages of PERT. List the main limitations.
Answer to relevant QuestionsWhy might a probabilistic estimate of a project’s completion time based solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable? List the steps in risk management.For each of the following network diagrams, determine both the critical path and the expected project duration. The numbers on the arrows represent expected activity times. a. AOA diagramb. AON diagramc. AOA diagramd. ...Construct a network diagram for the information in the following table. Use either AOA or AON (see Example 5 for either type). What is the probability that the project will take more than 10 weeks to complete if the activity ...Create a risk matrix in the style of Figure for this project. Use a vertical scale of $ 0 to $ 80. Which event should the project manager be most concernedabout?
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