Loading...
Send to Friend
 Bookmark
 Review List
  1. Simple search
  2. Search result
  3. Project completion time in dynamic PERT networks with generating projects
Project completion time in dynamic PERT networks with generating projects
262 viewed

Project completion time in dynamic PERT networks with generating projects

Azaron, A

Project completion time in dynamic PERT networks with generating projects

Azaron, A ; Sharif University of Technology | 2007

262 Viewed
  1. Type of Document: Article
  2. Publisher: Sharif University of Technology , 2007
  3. Abstract:
  4. In this paper, an analytical method is developed to compute the project completion time distribution in a dynamic PERT network, where the activity durations are exponentially distributed random variables. The projects are generated according to a renewal process and share the same facilities. Thus, these projects cannot be analyzed independently. The authors' approach is to transform this dynamic PERT network into a stochastic network and, then, to obtain the project completion time distribution by constructing a proper continuous-time Markov chain. This dynamic PERT network is represented as a network of queues, where the service times represent the durations of the corresponding activities and the arrival stream to each node follows a renewal process. Finally, the proposed methodology is extended to the generalized Erlang activity durations. © Sharif University of Technology, February 2007
  5. Keywords:
  6. Markov processes ; PERT ; Probability distributions ; Random processes ; Time series analysis ; Continuouos-time Markov chain ; Generalized Erlang activity ; Project completion time ; Operations research ; Markov chain ; Networking ; Project assessment ; Project management
  7. Source: Scientia Iranica ; Volume 14, Issue 1 , 2007 , Pages 56-63 ; 10263098 (ISSN)
  8. URL: http://scientiairanica.sharif.edu/article_2983.html