Question: Q1. What is the comparison between PERT, CPM, AOA and why are they used in project management? What are their advantages and disadvantages? Q2. What

Q1. What is the comparison between PERT, CPM, AOA and why are they used in project management? What are their advantages and disadvantages?

Q2. What is Wald or maximin? and what is the comparison between maximax (Hurwicz criterion), savage criterion (minimax criterion) and Laplace criterion? Give example for each.

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1Project Evaluation and Review Technique PERT Saucy is proper procedure that is utilized for tasks where the time required or expected to finish vario... View full answer

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