Estimating the Duration of a Project Using PERT TechniqueAbstract:In this study we intend to address two important problems: accomplishing a project, which was designed especially for projects that take place with European funds and eliminating “dead” time. It is known that accomplishing a project implies several types of resources concentrated at one place, but also a series of different activities. All these have to be correlated with one another and also depending on time so as to achieve all the objectives set. We have planned to conduct a brief overview of all steps that are involved in such a project and estimate its duration by using the PERT technique. The novelty consists in the fact that we applied this technique to some training and professional activities, calculating the critical path, the estimated time of the project and the probability of its accomplishment under certain conditions imposed by the decision makers

Dãneci-Pãtrãu Daniel and Neacºu Gabriela

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 2, 388-393

JEL-codes: M19 O22 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiii:y:2013:i:2:p:388-393

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