Statistical Program Evaluation and Review Technique (PERT) is a project management technique that uses statistical analysis to estimate the time and resources needed to complete a project. It is based on the idea that the duration of a project can be represented by a probability distribution, and that the critical path of the project is the sequence of tasks that is most likely to delay the project's completion. Statistical PERT is used to identify the critical path of a project and to estimate the probability of completing the project on time and within budget.
Statistical Program Evaluation and Review Technique (PERT) is a project management technique that uses statistical analysis to estimate the time and resources needed to complete a project. It is based on the idea that the duration of a project can be represented by a probability distribution, and that the critical path of the project is the sequence of tasks that is most likely to delay the project's completion. Statistical PERT is used to identify the critical path of a project and to estimate the probability of completing the project on time and within budget.
The steps involved in Statistical PERT are as follows:
Statistical PERT has several benefits, including:
Statistical PERT is a valuable tool for anyone who is involved in project management. It can help to improve the chances of completing a project on time and within budget. It is particularly useful for projects that are complex and uncertain.
There are many online courses that can help you to learn Statistical PERT. These courses can teach you the basics of Statistical PERT, as well as how to apply it to real-world projects. Some of the skills and knowledge you can gain from these courses include:
Whether online courses alone are enough to fully understand Statistical PERT depends on your individual learning style and goals. If you are new to Statistical PERT, taking an online course can be a great way to get started. However, if you want to become an expert in Statistical PERT, you may need to supplement your online learning with additional resources, such as books, articles, and professional development courses.
OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.
Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.
Find this site helpful? Tell a friend about us.
We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.
Your purchases help us maintain our catalog and keep our servers humming without ads.
Thank you for supporting OpenCourser.