ISSN: 2996-671X
Authors: Aliyu AM* and Sabo SA
We propose and test an improved method for project evaluation and review. This method would reduce the subjectivity and uncertainty regarding the anticipated start time of the proposed activity. This is accomplished by running the threetime estimate through a normality test. The accuracy and objectivity of activity time estimation would both be enhanced by this technique. Nevertheless, the results of the proposed PERT approach for activity and project durations, variances, and project duration probability were similar to those of classic PERT when multiple project networks were studied. Eliminating uncertainty in activity time estimations from project evaluation review techniques is the aim of this paper. All three of the time estimates are shown to be regularly distributed by the data. This work’s novel approach is the first to resolve un- certainty in activity time estimation.
Keywords: Project Evaluation Review Technique; Project Management; Statistics
