PERT flashcards
PERT · Build recall with a focused review session.
32 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Activity-on-Node network
- A precedence diagram in which each activity sits on a node and arrows show dependencies; also called precedence diagramming method. No dummy activities are required.
- Dummy activity
- A zero-duration AOA element drawn as a dashed arrow that carries logic only, preventing two activities from sharing identical start and finish nodes.
- Finish-to-Start dependency
- The successor cannot begin until the predecessor finishes; this is the most common relationship in project schedules and the default in most scheduling software.
- Lead and lag
- Lag is a deliberate delay added to a dependency; lead is a negative lag that lets the successor start before the predecessor completes.
- Merge and burst activities
- A merge activity has two or more predecessors; a burst activity has two or more successors. Both shape network complexity and float distribution.
- Network loop prohibition
- A valid project network is acyclic; a loop would require an activity to precede itself, making the schedule impossible to compute and logically invalid.
- Mandatory versus discretionary dependency
- Mandatory dependencies are contractually or legally required, often hard logic; discretionary dependencies are preferred sequencing set by the team and can be changed.
- Start-to-Start with lag
- A relationship where the successor may start only a specified lag after the predecessor starts; common in overlapping or phased work packages.
- PERT expected duration
- The formula TE = (O + 4M + P) / 6, in which the most likely estimate is weighted four times and the optimistic and pessimistic estimates once each.
- PERT standard deviation
- The formula sigma = (P - O) / 6. It measures the spread of an activity duration estimate; a wider optimistic-to-pessimistic span means greater uncertainty.
- PERT activity variance
- Variance equals ((P - O) / 6) squared, the square of the activity standard deviation. Activity variances are summed to obtain path variance.
- Triangular distribution estimate
- A simple average, (O + M + P) / 3, used when the beta shape is not justified; it gives the most likely value less weight than PERT does.
- Beta distribution assumption
- Classic PERT assumes activity durations follow a beta distribution bounded by the optimistic and pessimistic values, allowing skew rather than requiring symmetry around the mean.
- Weighting in PERT
- The most likely estimate receives four-sixths of the total weight while optimistic and pessimistic each receive one-sixth, pulling the expected value toward M.
- Symmetric versus skewed estimates
- If the gap from optimistic to most likely exceeds the gap from most likely to pessimistic, the estimate is left-skewed and TE falls below M; the reverse gives right skew.
- PERT confidence ranges
- Roughly 68.3 percent of outcomes fall within one standard deviation of the mean, 95.4 percent within two, and 99.7 percent within three.
- Forward pass
- A left-to-right calculation setting early start to the maximum early finish of predecessors and early finish to early start plus duration, yielding earliest possible dates.
- Backward pass
- A right-to-left calculation setting late finish to the minimum late start of successors and late start to late finish minus duration, yielding latest allowable dates.
- Total float formula
- TF = LS - ES = LF - EF. It is the amount an activity can be delayed without delaying the project finish, and it is shared along a chain.
- Free float
- Free float equals the minimum early start of successors minus the activity's early finish. It is the delay possible without affecting any immediate successor.
- Critical path
- The longest path through the network, which sets the shortest possible project duration; its activities normally carry zero total float.
- Multiple critical paths
- When two or more paths tie for longest, each is critical, so any delay on any of them slips the project end date.
- Negative total float
- A negative float value means the imposed finish date precedes the calculated early finish; the schedule must be compressed or the deadline relaxed.
- Near-critical path
- A path with small but nonzero total float, often within a few days of the critical path; it becomes critical if upstream work slips.
- Schedule Z-score
- Z equals the target date minus the path expected duration, divided by the path standard deviation. The value is looked up in a normal table.
- Path variance
- The sum of the variances of the activities on the path, assuming independence. Path standard deviation is the square root of that sum.
- Probability at expected duration
- Because the normal distribution is symmetric, the probability of finishing by the PERT expected duration is exactly 50 percent.
- Merge bias
- Understated risk at convergence points: when parallel paths merge, the chance that at least one predecessor is late exceeds any single path's probability.
- Monte Carlo simulation
- Repeated random sampling of activity duration distributions produces a full project completion distribution, capturing path convergence and correlations that analytic PERT misses.
- P80 completion date
- The date by which the project has an 80 percent chance of finishing, corresponding to a Z of about 0.84 above the expected duration.
- Adding variances, not deviations
- Standard deviations cannot be summed across activities; convert each to variance, total them, then take the square root of the total.
- Correlation and path variance
- Positive correlation among activity durations makes them move together, increasing path variance beyond the value obtained under an independence assumption.