This video intends to recall all the relevant concepts related to Network Analysis, in particular, those related to PERT and CPM. This video will be fruitful if you have already studied the related topics. This is supposed to be a revision video only.
This video will be useful for the courses listed below.
2. Data Analysis and Modeling - BBA, BBA-BI, BBA-TT, BCIS (4th Semester) - Pokhara University.
3. Data Analysis for Decision Modeling - MBA (2nd Trimester) - Pokhara University.
Time Stamps.
00:00 Intro
00:16 Construction of (PERT) network model
06:31 Probabilistic network model and how it differs from a deterministic network model
07:20 Optimistic, most likely and pessimistic time durations for an activity (and comparisons with durations a deterministic network model)
09:09 Expected time duration of an activity
10:59 What time duration to use in a probabilistic network model? How different is it from the approach used in a deterministic network model?
12:29 Obtaining critical path, critical activites and expected project duration
17:29 Standard deviation and variance of an activity duration
20:51 Standard deviation and variance of project duration
24:09 Probability of completion of project within scheduled time
28:47 Probability of completion of project by exceeding scheduled time
30:09 Probability of completion of project within a time limit prior to (not exceeding) the scheduled time
34:19 Probability of completion of project within a time limit posterior to (exceeding) the scheduled time
37:09 Scheduled time for given probability of completion (first example)
44:59 Scheduled time for given probability of completion (second example)
49:16 Method of calculating EST, EFT, LST, LFT
50:37 Calculation of EST and EFT
58:12 Calculation of LST and LFT
1:06:59 Slack for each activity
1:08:20 Identification of critical activity using slack values
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