Test Practice Questions Session 8: Network Analysis using CPM (AOA) and PERT Statistical Evaluation of Projects 1. State the fundamental theory in PERT 2. For what type of Projects would you recommend PERT for evaluating a Project? 3. Briefly state the Step-By-Step Process of conducting a PERT evaluation 4. Use AOA Network Analysis method and find the following using the information given below a. Determine the earliest expected completion time for the process and the critical path. b. Based on the critical path, what completion date are you 80% confident of achieving? 40% confident? c. What is the Probability of completing this process in 38 days? 5. Use AOA Network Analysis method and find the following using the information given below a. Determine the earliest expected completion time for the process and the critical path. b. Determine the earliest expected completion time for the process and the critical path. c. Based on the critical path, what would be your estimated time of completion of this task if you have over 95% confident and if you have only less than 40% confident? d. What is the Probability of completing this task within 23 to 28 days?

Activity Predecessors Optimistic time (a) Most likely time (m) Pessimistic time (b) A 5 6 7 B 6 8 16 A,B 5 8 11 D A,B 4 7 10 E D 8 10 12 F CE 9 11 19 Activity Predecessors Optimistic time Most likely time Pessimistic time A 1 4 7 B 2 6 10 B 3 3 9 D A 6 13 14 E A, C 4 6 14 F B 6 8 16 G D, E, F 2 5 8