A Statistical Theory for Pert in Which Completion Times of Activities are Inter-Dependent
Larry J. Ringer
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Larry J. Ringer: Texas A & M University
Management Science, 1971, vol. 17, issue 11, 717-723
Abstract:
This paper presents a method for taking into account dependency among certain activities in PERT networks. The method presented can be used with the reduction algorithm presented by Hartley and Wortham [Hartley, H. O., Wortham, A. W., A statistical theory for PERT critical path analysis. Management Science, Vol. 12 No. 10 (June 1966), pp. B469-B481.]. The addition of dependency among the completion times for certain types of activities should be a valuable aid in sensitivity analyses of PERT networks.
Date: 1971
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:17:y:1971:i:11:p:717-723
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