A Review of Activity Time Distributions in Risk Analysis

HTML  XML Download Download as PDF (Size: 398KB)  PP. 356-371  
DOI: 10.4236/ajor.2017.76027    1,254 Downloads   3,720 Views  Citations

ABSTRACT

Project Evaluation and Review Technique (PERT) alongside recent modifications is a popular and useful tool in project risk analysis. Over the past seven decades, there have been some modifications in PERT owing to the shift from beta distributed activity times to other activity time distributions. This paper presents a review of activity time distributions in risk analysis as found in literature up to date.

Share and Cite:

Udoumoh, E. and Ebong, D. (2017) A Review of Activity Time Distributions in Risk Analysis. American Journal of Operations Research, 7, 356-371. doi: 10.4236/ajor.2017.76027.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.